Barclays analyst Tim Long raised the firm’s price target on Arista Networks to $177 from $165 and keeps an Overweight rating on the shares. The company had a solid beat in Q4, with 1Q revenue guidance well above estimates on Cloud Titan strength, the analyst tells investors in a research note. The firm says the rest of the business is also strong and that Arista’s 2023 guidance is conservative.
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Published first on TheFly
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