Sterne Agee CRT Initiates Arista Networks With Buy

Analysts at Sterne Agee CRT initiated coverage on Arista Networks Inc ANET with a Buy rating. The target price for Arista Networks is set to $98. Arista Networks shares have gained 23.22 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period. Arista Networks' shares rose 2.08 percent to close at $84.97 yesterday.