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Arista Networks price target raised to $150 from $130 at JPMorgan

JPMorgan raised the firm’s price target on Arista Networks (ANET) to $150 from $130 and keeps an Overweight rating on the shares following the Q2 report. The firm believes the quarter ends the bear arguments of the company losing market share. Arista’s revenue targets were raised to reflect the higher momentum, the analyst tells investors in a research note.

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