Wells Fargo Maintains Overweight on Arista Networks, Raises Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on Arista Networks and increased the price target from $390 to $460.
October 30, 2024 | 3:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Arista Networks and increased the price target to $460, indicating confidence in the company's future performance.
The increase in price target from $390 to $460 by Wells Fargo suggests a positive outlook on Arista Networks' future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100