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Arista Networks (NYSE:ANET) Stock Price Up 2.4% - Should You Buy?
Arista Networks (ANET) saw its stock price rise by 2.4% after analysts highlighted its potential benefits from AI networking demand, particularly Google’s “Virgo” architecture and expanded AI-networking total addressable market. Despite this bullish sentiment and strong Q4 earnings beat, significant insider selling, including by CEO Jayshree Ullal, has created concerns and could lead to short-term selling pressure. The company maintains a rich valuation and analyst reports show a consensus “Buy” rating with an average target price of $177.83.