Arista Networks (ANET) Gets Higher BofA Price Target
What happened
BofA Securities lifted its price target on Arista Networks (ANET), according to a note published June 16, 2026. The firm maintained a positive rating alongside the revised target. Arista Networks is a leading provider of cloud networking solutions, with its hardware and software platforms widely deployed across hyperscaler and enterprise data center environments. The price target adjustment reflects the analyst's updated outlook on the company's financial trajectory.
The QL Read
ANET carries a composite QuantLogix score of 79/100 (Strong Buy) against a near-neutral tape — breadth sits at 51.2% advancing with zero Strong Sell signals registered — giving the BofA target lift a constructive but not euphoric backdrop. Shares traded at $169.09, down 0.49% on the session.