Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ON Semiconductor (ON – Research Report) and Arista Networks (ANET – Research Report).
ON Semiconductor (ON)
Charter Equity analyst Edward F. Snyder maintained a Hold rating on ON Semiconductor yesterday. The company’s shares closed last Monday at $55.62.
According to TipRanks.com, Snyder is a 5-star analyst with an average return of
ON Semiconductor has an analyst consensus of Moderate Buy, with a price target consensus of $70.70, implying a 31.2% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $60.00 price target.
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Arista Networks (ANET)
In a report released yesterday, Amit Daryanani from Evercore ISI maintained a Buy rating on Arista Networks, with a price target of $160.00. The company’s shares closed last Monday at $118.26.
According to TipRanks.com, Daryanani is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arista Networks with a $152.75 average price target.
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