HyperLight Accelerates Growth With $37M Funding Led by Summit Partners

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Goldman Sachs Reiterates Buy Rating on Arista Networks (ANET)

September 23, 2024 4:40 PM EDT

Goldman Sachs analyst Hendi Susanto reiterated a Buy rating and $430.00 price target on Arista Networks (NYSE: ANET).

The analyst comments "We gain confidence in our above consensus ANET EPS estimates and believe ANET is well positioned to deliver ~20% top line growth in 2024 (GSe: +19%) and 2025 (GSe+ +21%) on momentum across its portfolio of AI, traditional cloud, and enterprise... More