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.

You May Also Be Interested In

• Goldman Sachs: 'Our estimates for ANET, FFIV, and CLS 3Q26E are largely unchanged'
• Haleon PLC (HLN:LN) (HLN) PT Lowered to GBP2.95 at JPMorgan
• Lucid Capital Markets Starts LENSAR Inc. (LNSR) at Buy