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Evercore ISI Closes tactical Outperform on Arista Networks (ANET)

August 1, 2023 4:04 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $200.00 price target on Arista Networks (NYSE: ANET)

Closing Tactical OP After Strong Earnings

The analyst comments "ANET reported impressive upside to June-qtr with rev/EPS of $1.46B/1.58 vs. street at $1.38B/$1.44 with strong ~39% y/y growth driven by ramps on the cloud and enterprise side offset... More