Arista Networks price target raised to $179 from $177 at Barclays

Barclays analyst Tim Long raised the firm’s price target on Arista Networks to $179 from $177 and keeps an Overweight rating on the shares. The company had a "solid beat" in Q1, with Q2 revenue guidance above estimates, the analyst tells investors in a research note. The revenue guidance for 2023 implies no upside in the second half, which is conservative, says the firm.