In a report released today, Ittai Kidron from Oppenheimer maintained a Hold rating on Arista Networks (ANET). The company’s shares closed last Monday at $228.28.
According to TipRanks.com, Kidron is a top 25 analyst with an average return of 30.9% and a 71.5% success rate. Kidron covers the Technology sector, focusing on stocks such as Cambium Networks, Citrix Systems, and New Relic.
The word on The Street in general, suggests a Hold analyst consensus rating for Arista Networks with a $218.89 average price target, a -2.5% downside from current levels. In a report issued on February 11, Needham also maintained a Hold rating on the stock.
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The company has a one-year high of $331.27 and a one-year low of $173.31. Currently, Arista Networks has an average volume of 702.6K.
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Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its cloud networking solutions consist of Extensible Operating System(EOS) a set of network applications and Ethernet switching and routing platforms.
