Deutsche Bank analyst Matthew Niknam maintained a Hold rating on Arista Networks (ANET – Research Report) today and set a price target of $260.00. The company’s shares closed yesterday at $280.88.
According to TipRanks, Niknam is a 3-star analyst with an average return of 3.2% and a 57.99% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arista Networks with a $292.57 average price target.
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The company has a one-year high of $292.66 and a one-year low of $130.08. Currently, Arista Networks has an average volume of 1.87M.
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Arista Networks (ANET) Company Description:
Incorporated in 2004, Arista Networks, Inc. is a computer networking company based in California. The company is engaged in the development, marketing, and sale of cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
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- Arista Networks price target raised to $250 from $190 at Deutsche Bank
- Arista Networks price target raised to $310 from $225 at Wells Fargo
