Piper Sandler analyst James Fish raised the firm’s price target on Arista Networks (ANET) to $108 from $106 and keeps a Neutral rating on the shares. The firm notes Arista reported Q4 results that came in relatively inline to our expectations, though the only slight FY25 guide raise to 17% and concerns around Meta (META) loss given competitor commentary and year-over-year decline has sent shares lower.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ANET:
- Arista Networks price target raised to $125 from $115 at Wells Fargo
- Arista Networks price target raised to $145 from $135 at Goldman Sachs
- Arista Networks price target raised to $121 from $115 at Citi
- Arista Networks price target raised to $126 from $125 at Barclays
- Arista Networks’ Strong Financial Performance in 2024