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Fly News Breaks for November 12, 2019
ANET
Nov 12, 2019 | 16:33 EDT
RBC Capital analyst Robert Muller assumed coverage of Arista Networks with a Sector Perform rating and $210 price target. The analyst likes the company's long-term growth prospects, but says cloud spend volatility remains a near-term concern. Further, following "significant" guidance misses, investors will approach Arista cautiously over the next 12 months, Muller tells investors in a research note.
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