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Fly News Breaks for February 19, 2019
ANET
Feb 19, 2019 | 09:22 EDT
Gabelli analyst Hendi Susanto upgraded Arista Networks to Buy from Hold after the company reported a "strong and healthy" mix of cloud titan revenues in the fourth quarter along with a "resilient" gross margin of 64%. Susanto has a favorable view of Arista Networks' competitive strengths, avenues of growth and high operating profitability, the analyst tells investors in a post-earnings research note.
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