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Arista Networks price target raised to $190 from $170 at BofA

BofA analyst Tal Liani raised the firm’s price target on Arista Networks to $190 from $170 and keeps a Buy rating on the shares as the firm adjusted targets for several stocks across its Data Networking and Cybersecurity coverage universe. The firm believes that after a near-term transitory period of order normalization, Arista will continue to see “solid demand,” with AI workloads being a potential contributor.

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