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Fly News Breaks for December 7, 2016
HPE, ANET
Dec 7, 2016 | 05:08 EDT
Barclays analyst Mark Moskowitz raised his price target for Arista Networks (ANET) to $115 citing the company's partnership with HP Enterprise (HPE), it's favorable position in the cloud and its opportunity in the routing market. The analyst says his research indicates Arista's partnership with HP Enterprise could be more impactful than originally anticipated. He keeps an Overweight rating on the shares.
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