Arista Networks price target raised to $80 from $60 at ISI Group ISI Group raised Arista Networks' price target to $80 from $60 based on an increased multiple but left estimates unchanged. The analyst recommends investors are slow and steady while accumulating Arista given its strong performance but reiterates its Strong Buy rating given strong revenue growth and earnings power.
Arista Networks results should beat expectations, says Wells Fargo Wells Fargo expects Arista's Q2 results to beat expectations, and it predicts that the company's Q3 guidance will come in slightly above consensus levels. The firm thinks the company's Q2 results were boosted by strength in the data center switch market. The firm believes that the company could provide Q3 guidance that is slightly above consensus levels but conservative. It keeps an Outperform rating.