Arista Networks price target raised to $95 from $85 at JMP Securities JMP Securities increased its price target on Arista after the company reported much stronger than expected results. The firm thinks the company is undervalued and views its operating leverage as impressive. It keeps an Outperform rating.
Cowen to hold a conference 43rd Annual Technology, Media & Telecom Conference is being held in New York on May 27-28 with webcasted company presentations to begin on May 28 at 8 am; not all company presentations may be webcasted. Webcast Link
Arista Networks appoints Ita Brennan to CFO effective immediately Arista Networks announced the appointment of Ita Brennan to the position of CFO effective immediately. Prior to joining Arista, Ita served as CFO of a stealth start up firm in the energy sector from February 2014 to May 2015.