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Fly News Breaks for July 29, 2016
ANET
Jul 29, 2016 | 08:02 EDT
After conducting checks, Wells Fargo says that Arista appears to have benefited from strong demand for its cloud business and strong demand from financial customers. The firm thinks that the company's Q2 results will exceed expectations, while its Q3 guidance will at least be in-line with expectations. Wells keeps an Outperform rating on the stock.
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