Why 1 Analyst Thinks Arista Networks Stock Can Still Gain Over 50% This Year

Despite a modest pullback over the past few weeks, Arista Networks (ANET) remains one of Wall Street’s most compelling growth stories, and one prominent analyst believes there’s still significant upside ahead. Evercore ISI’s Amit Daryanani recently lifted the firm’s price target on Arista to $200, marking the street high and signaling confidence in the company’s expanding role in artificial intelligence (AI)-driven data centers and hyperscale networking infrastructure. At current levels, that target impli ...