Why Arista Networks Stock Flew More Than 4% Higher on Friday
An analyst raised her price target on the networking stock.
Why Arista Networks Stock Flew More Than 4% Higher on Friday
Overview
Tech networking equipment company Arista Networks (NYSE: ANET) is going into the weekend on a high note. Its stock zoomed more than 4% higher on Friday, thanks to a new, bullish note from an analyst at an influential investment bank.
Before market open, Meta Marshall of Morgan Stanley raised her price target on Arista to $190 per share from $180. In doing so, the analyst maintained her overweight (read: buy) recommendation on the specialty tech stock.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
