Goldman Sachs Maintains Buy on Arista Networks, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng has maintained a Buy rating on Arista Networks and increased the price target from $390 to $430.
September 24, 2024 | 2:17 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Arista Networks and increased the price target to $430, indicating confidence in the company's future performance.
The increase in price target from $390 to $430 by a reputable firm like Goldman Sachs suggests a positive outlook for Arista Networks, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100