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Analysts at Northland Securities started coverage on shares of Arista Networks (NASDAQ:ANET) in a research report issued to clients and investors on Friday. The firm set a “market perform” rating and a $70.00 price target on the stock. Northland Securities’ price objective indicates a potential upside of 6.06% from the company’s current price.

Arista Networks (NASDAQ:ANET) opened at 66.00 on Friday. Arista Networks has a one year low of $55.00 and a one year high of $67.83. The stock has a 50-day moving average of $59. and a 200-day moving average of $59.. The company has a market cap of $4.268 billion and a P/E ratio of 84.62.

A number of other firms have also recently commented on ANET. Analysts at Gabelli initiated coverage on shares of Arista Networks in a research note on Thursday, June 5th. They set a “buy” rating and a $66.00 price target on the stock. Analysts at ISI Group initiated coverage on shares of Arista Networks in a research note on Friday, May 30th. They set a “strong-buy” rating and a $60.00 price target on the stock.

Arista Networks Inc is a United States-based company, which offers software defined cloud networking solutions for data center and computing environments.

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