Nomura Securities Starts Arista Networks (ANET) at Buy

Nomura Securities initiates coverage on Arista Networks (NYSE: ANET) with a Buy rating and a price target of $79.00.

Analyst Jeffrey Kvaal commented, "We believe Arista is fending off threats from both Cisco and whitebox rivals to establish a sustainable market share in the data center switching market. We initiate coverage with a Buy rating and $79 target price."

For an analyst ratings summary and ratings history on Arista Networks click here. For more ratings news on Arista Networks click here.

Shares of Arista Networks closed at $71.61 yesterday.

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