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Fly News Breaks for March 29, 2016
T, ANET
Mar 29, 2016 | 07:49 EDT
Cowen said its checks indicate that Arista Networks (ANET) is one of the beneficiaries of AT&T's (T) plans to push its Data Center architecture deeper into its Central Offices. Assuming AT&T ultimately proceeds with the deployment, the ramp should occur late this year and into next and could represent a revenue opportunity in the tens of millions to potentially over $100M per year over a 12-18 month period, the firm tells investors. Cowen reiterated its Outperform rating and $76 price target on Arista Networks shares.
News For ANET;T From the Last 2 Days
ANET
Apr 19, 2024 | 17:19 EDT
