BofA/Merrill Lynch Upgrades Arista Networks (ANET) to Neutral

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UBS Raises Price Target on Arista Networks (ANET) to $99 Following CBP Approval

November 22, 2016 8:16 AM EST

UBS reiterated a Neutral rating on Arista Networks (NYSE: ANET), and raised the price target to $99.00 (from $83.00), following the company's announcement that it has received approval from US Customs and Border Patrol (CBP) for workarounds in the 944 case.

Analyst Steven Milunovich commented,... More