Barclays adjusted the firm’s price target on Arista Networks (ANET) to $125 from $495 but keeps an Overweight rating on the shares. The analyst cites the company’s four-for-one stock split, also noting that the firm is leaving its assumed 45-times forward earnings multiple unchanged.
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Read More on ANET:
- Upcoming Stock Splits This Week (December 2 to December 6) – Stay Invested
- Why Arista Networks’ Stock (ANET) Is Still Far Away from Fair Value
- Early notable gainers among liquid option names on November 21st
- Arista Networks price target raised to $421 from $345 at Piper Sandler
- ANET Earnings: Arista Networks Declines Despite Better-than-Expected Q3 Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
