UBS Maintains Neutral on Arista Networks, Raises Price Target to $369
Portfolio Pulse from Benzinga Newsdesk
UBS analyst David Vogt maintains a Neutral rating on Arista Networks (NYSE:ANET) but raises the price target from $285 to $369.
September 04, 2024 | 2:05 pm
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UBS analyst David Vogt maintains a Neutral rating on Arista Networks but raises the price target from $285 to $369, indicating a positive outlook on the stock's potential.
The increase in the price target from $285 to $369 suggests a positive outlook on Arista Networks' future performance. Although the rating remains Neutral, the significant increase in the price target could lead to a positive short-term impact on the stock price as investors may interpret this as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100