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Arista Networks price target raised to $136 from $123 at Citi

Citi analyst Atif Malik raised the firm’s price target on Arista Networks (ANET) to $136 from $123 and keeps a Buy rating on the shares. The company reported upside across the business in the June quarter against high expectations, the analyst tells investors in a research note. The firm upped estimates post the print.

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