What’s Going On With Arista Networks Stock Today?

Arista Networks, Inc. (NYSE: ANET) shares are trading lower Wednesday. A JMP Securities analyst raised the company's price target.

Arista Networks, Inc. (NYSE:ANET) shares are trading lower Wednesday. A JMP Securities analyst raised the company’s price target.

What To Know: JMP Securities analyst Erik Suppiger maintained Arista Networks with a Market Outperform and raised the price target from $165 to $200.

Rosenblatt analyst Mike Genovese reiterated Arista Networks with a Buy and maintained the $175 price target.

The company is set to report second quarter earnings on July 31. The company expects to report earnings of $1.44 per share and revenue of $1.38 billion.

Related Link: SolarEdge And Enphase Fall In Sympathy With Sunpower: Here’s What To Know

ANET Price Action: Shares of ANET were down 5.45% at $164.60 at the time of publication, according to Benzinga Pro. 

Image by Gerd Altmann from Pixabay

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