Arista Networks (ANET) PT Raised to $200 at Wells Fargo on AI positioning

March 22, 2023 6:34 AM EDT
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Price: $210.50 --0%

Rating Summary:
    40 Buy, 12 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 9 | New: 8
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Wells Fargo analyst Aaron Rakers raised the price target on Arista Networks (NYSE: ANET) to $200.00 (from $170.00) while maintaining an Overweight rating.

"With ANET's positioning for AI network build-outs + today's announcement highlighting ANET's focus on TAM expansion, we move our PT to $200 (was $170)—26x C2025E EPS, in line w/ 5-yr. median."



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