Arista Networks (ANET) Tops Q3 EPS by 12c; Issues Solid Outlook

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Go back to Arista Networks (ANET) Tops Q3 EPS by 12c; Issues Solid Outlook

Arista Networks (ANET) PT, Estimates Lifted at Needham & Company on 'Beat and Raise'

November 7, 2014 10:03 AM EST

Needham & Company analyst Alex Henderson reiterated a Buy rating and boosted his price target on Arista Networks (NASDAQ: ANET) from $90 to $95 following another beat and raise quarter.

Henderson commented, Arista crushed estimates and guidance. Revenues came in 7.2% above forecast at $155.5MM versus our $126MM and... More