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Analysts Offer Insights on Technology Companies: Arista Networks (ANET) and Euronet Worldwide (EEFT)

Tipranks - Fri May 22, 9:01AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Arista Networks (ANET) and Euronet Worldwide (EEFT) with bullish sentiments.

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Arista Networks (ANET)

Evercore ISI analyst Amit Daryanani maintained a Buy rating on Arista Networks today and set a price target of $200.00. The company’s shares closed last Thursday at $145.80.

According to TipRanks.com, Daryanani is a top 100 analyst with an average return of 30.5% and a 65.3% success rate. Daryanani covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, International Business Machines, and Hewlett Packard Enterprise. ;'>

Currently, the analyst consensus on Arista Networks is a Strong Buy with an average price target of $187.53, implying a 34.6% upside from current levels. In a report issued on May 15, Raymond James also upgraded the stock to Buy with a $164.00 price target.

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Euronet Worldwide (EEFT)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Euronet Worldwide, with a price target of $90.00. The company’s shares closed last Thursday at $66.36.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 19.2% and a 45.7% success rate. Grondahl covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Abacus Global Management, and Medallion Financial. ;'>

Euronet Worldwide has an analyst consensus of Strong Buy, with a price target consensus of $88.33.

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