Arista Networks (ANET) Stock Forecast: 1.6Tbps Switch Launch Drives 7% Rally - BofA and KeyBanc at $200
Arista Networks jumped 7% on July 8 after launching its 1.6Tbps 7060XE7 AI switch backed by Meta, Microsoft, and Oracle. BofA and KeyBanc raised targets to $200. Q1: $2.71B revenue, 35% growth. Q2 earnings August 4.
TradingKeyFri, Jul 10