Arista Networks price target raised to $140 from $125 at Rosenblatt

Rosenblatt analyst Mike Genovese raised the firm’s price target on Arista Networks (ANET) to $140 from $125 and keeps a Neutral rating on the shares following the analyst day. The company offered a “compelling case” for why it remains the 100G and above ethernet networking market leader, the analyst tells investors in a research note. The firm says that while Arista has a track record of guiding conservatively, it is “still slightly disappointed” by the 2026 and beyond operating margin guidance of 43% to 45%, vs. 2024 and 2025 above 47%.