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Fly News Breaks for February 17, 2017
ANET
Feb 17, 2017 | 08:56 EDT
BMO Capital analyst Tim Long says that Arista's results beat expectations in every area, and he says that its "momentum..is very strong." Long thinks that the company has multiple upcoming positive catalysts, including partnerships, global expansion, and new products. He raised his price target on the shares to $130 from $110 and keeps an Outperform rating on the stock.
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