Arista Networks (ANET) Received its Third Buy in a Row

After Citigroup and Evercore ISI gave Arista Networks (NYSE: ANET) a Buy rating last month, the company received another Buy, this time from Credit Suisse. Analyst Sami Badri maintained a Buy rating on Arista Networks today and set a price target of $178.00. The company’s shares closed last Monday at $118.26.

According to, Badri is a 4-star analyst with an average return of 3.9% and a 51.1% success rate. Badri covers the Technology sector, focusing on stocks such as International Business Machines, Cyxtera Technologies, and Motorola Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arista Networks with a $152.42 average price target, implying a 31.7% upside from current levels. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $154.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Arista Networks’ market cap is currently $36.45B and has a P/E ratio of 44.90.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 2004, Arista Networks, Inc. is a computer networking company based in California. The company is engaged in the development, marketing, and sale of cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Read More on ANET:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed