Arista Networks, Inc. Reports Third Quarter 2023 Financial Results

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Go back to Arista Networks, Inc. Reports Third Quarter 2023 Financial Results

Here's why this networking equipment firm is a top AI pick at Citi

October 31, 2023 2:10 PM EDT

Citi analyst reiterated a networking equipment stock as its top pick into 2024 in a note to clients on Tuesday, following the company's earnings beat and raise.

The analysts, led by Atif Malik, said Buy-rated Arista Networks (NYSE: ANET) is their... More

Evercore ISI Removes Arista Networks (ANET) from Tactical Outperform List

October 31, 2023 10:33 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $210.00 price target on Arista Networks (NYSE: ANET)

The analyst comments "Despite heightened investor worries on the downside risk into the EPS call, ANET posted another solid beat and raise. Sept-qtr print came in at $1.51B/1.83 vs. street at $1.48B/1.58 as ANET saw revenue growth of +28% y/y driven by strength in... More