Citi raised the firm’s price target on Arista Networks (ANET) to $97 from $92 and keeps a Buy rating on the shares. The company reported “beat/raise results” and maintained its fiscal 2025 guidance in a tough macro environment on continued strength in both enterprise and cloud, the analyst tells investors in a research note. The firm believes investors concerns are largely priced in and says the stock offers investors “offense” in the second half of 2025 with no major artificial intelligence restrictions impact and no China exposure.
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