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

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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