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Stock impact report

Arista Networks, Inc. (ANET) Price Target Increased to $200 [Yahoo! Finance]

Arista Networks, Inc. (ANET) 
Last arista networks, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.arista.com/home/default.aspx
Company Research Source: Yahoo! Finance
The stock more than doubled, up 126.14% from a year ago, while it registered a 20.52% increase year-to-date. On April 16, Arista Networks received an increased price target from JPMorgan to $200 from $190, as well as a retained overweight rating on its shares. JPMorgan expects AI infrastructure investments across servers, switches, copper interconnects, and optics to drive upside for AI-levered suppliers in the first quarter. Earlier, on April 7, Rosenblatt analyst Mike Genovese upgraded Arista Networks to Buy from Neutral with a price target of $180, up from $165, based on increased confidence in ANET's XPO strategy, referring to the recently launched liquid-cooled optics module designed to support AI networking, including scale-up, scale-out, scale-across, and metro reach fabrics. Jim Cramer on Arista Networks Inc (ANET) Stock: “I Don't Understand Why It's Down This Much” In March, the company announced the formation of a multi-source agreement (MSA) for XPO, a revolutionary 1 Show less Read more
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