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Fly News Breaks for February 17, 2017
ANET
Feb 17, 2017 | 08:07 EDT
Credit Suisse analyst Kulbinder Garcha raised his price target for Arista Networks to $125 from $110 after the company delivered "strong results." The analyst says the company has "the best secular growth opportunity" in IT Hardware and Networking, and believes the company has a "unique technological advantage" that allows it to disrupt the oligopolistic networking market. He reiterates an Outperform rating on the shares.
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