Needham analyst Ryan Koontz raised the firm’s price target on Arista Networks (ANET) to $185 from $165 and keeps a Buy rating on the shares. The company delivered a strong Q4 beat and raised F26 revenue guide by about 6%, the analyst tells investors in a research note. Capitalizing on surging AI spend and gaining strategic back-end share puts Arista in an enviable position early in this generational investment cycle, the firm adds.
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