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In a research note released Tuesday, Credit Suisse analyst Kulbinder Garcha initiated coverage on Arista Networks ANET with an Outperform rating and a $90.00 price target.
The analyst stated that the company has a wide range of products based on commodity silicon and an open and highly-programmable extensible operating system.
Shares of Arista closed Tuesday at $76.00, up 21.8 percent from Monday's close.
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