Analysts have been eager to weigh in on the Technology sector with new ratings on Arista Networks (ANET) and ams AG (AUKUF).
Arista Networks (ANET)
Needham analyst Alex Henderson assigned a Hold rating to Arista Networks today. The company’s shares closed last Tuesday at $263.99, close to its 52-week high of $267.30.
According to TipRanks.com, Henderson is a top 100 analyst with an average return of 22.3% and a 62.1% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Applied Optoelectronics, and Forescout Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for Arista Networks with a $213.11 average price target, representing a -17.8% downside. In a report issued on July 24, Wolfe Research also initiated coverage with a Hold rating on the stock with a $245.00 price target.
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ams AG (AUKUF)
In a report released today, Christian Sandherr from Hauck & Aufhaeuser maintained a Buy rating on ams AG, with a price target of CHF31.50. The company’s shares closed last Monday at $16.72.
According to TipRanks.com, Sandherr is ranked #4148 out of 6858 analysts.
Currently, the analyst consensus on ams AG is a Moderate Buy with an average price target of $23.64, a 40.6% upside from current levels. In a report issued on July 23, Credit Suisse also maintained a Buy rating on the stock with a CHF21.00 price target.
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