Goldman Sachs raised the firm’s price target on Arista Networks (ANET) to $145 from $135 and keeps a Buy rating on the shares. The company reported a Q4 beat and increased its 2025 outlook, the analyst tells investors in a research note. The firm is “encouraged” by Arista’s reiteration of its $750M back-end artificial intelligence revenue target in 2025 as three AI cluster buildouts move into production despite one AI cluster buildout no longer expected to contribute to revenue.
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