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Arista Networks (NYSE:ANET) Upgraded to Strong-Buy at Truist Financial
Truist Financial has upgraded Arista Networks (NYSE:ANET) to a “strong-buy” rating, setting a $161 price target due to anticipated demand in AI networking. This comes after Arista reported strong Q4 results, surpassing EPS and revenue estimates, and raising its 2026 revenue outlook primarily driven by AI-related sales. Despite significant insider selling and potential customer concentration risks, analyst sentiment remains largely positive with a consensus of “Moderate Buy.”