JPMorgan analyst Samik Chatterjee raised the firm’s price target on Arista Networks (ANET) to $175 from $170 and keeps an Overweight rating on the shares following the analyst day. The “very robust” 20%-plus year-over-year revenue growth outlook for 2026 “marks a higher level of confidence into the coming year,” the analyst tells investors in a research note. The firm cites higher confidence from management and Arista’s strong initial 2026 guidance for the target increase.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $185 from $160 at Melius Research
- Arista Networks: A Promising Investment in AI-Driven Networking with Strong Growth Prospects
- Arista Networks price target raised to $179 from $151 at Barclays
- Closing Bell Movers: Adobe gains over 2% after Q3 beat and raise
- Arista Networks sees FY26 revenue of $10.5B, or 20% growth, consensus $10.43B