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Fly News Breaks for April 25, 2019
ANET
Apr 25, 2019 | 09:34 EDT
Credit Suisse analyst Sami Badri raised his price target for Arista Networks to $347 from $317 as he finds increasing evidence that the company's revenue growth and strength will continue through 2019 based on his coverage of the data center sector, tracking key hyperscale infrastructure builds coming online in both Q1 and Q2, with over-indexed capacity commencing in this period versus second half of 2019. The analyst reiterates an Outperform rating on the shares.
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