Wells Fargo raised the firm’s price target on Arista Networks to $225 from $200 on increased 2025 EPS estimates, while keeping an Overweight rating on the shares. The firm believes it’s still early in AI network opportunity, and cites Arista’s enterprise strength and “double-digit” growth expectation into 2024.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ANET:
- Arista Networks (NYSE: ANET) Soars after Better-than-Expected Q2 Results
- 3 Best Stocks to Buy Now, 8/1/2023, According to Top Analysts
- Arista Networks price target raised to $200 from $179 at Barclays
- Arista Networks price target raised to $190 from $166 at Piper Sandler
- Arista Networks CEO says aiming for at least double-digit growth next year