The company is a franchise name in networking with further significant opportunities in the hyper-scale Data Center Switching market and a growing total addressable market expansion in the enterprise Campus Switching market.
Najam adds that Arista has the best-in-class management team at the helm.
The firm's culture of innovating ahead of its customers allows it to "continue to disrupt" the networking equipment market.
Keybanc analyst Thomas Blakey maintained Arista Networks with an Overweight and raised the price target from $165 to $172 (40.18% upside).
Price Action: ANET shares traded higher by 9.92% at $135 in the premarket on the last check Tuesday.
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