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

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Arista Networks PT raised at Wells Fargo after introducing WAN Routing System

March 22, 2023 1:51 PM EDT

Wells Fargo analyst Aaron Rakers raised the firm's price target for Arista Networks (NYSE: ANET) shares to $200 from $170, maintaining an Overweight rating on the stock in a research note Wednesday.

The analyst told investors the price target increase follows Arista introducing... More