Arista Networks price target raised to $225 from $212 at Cowen

Cowen analyst Paul Silverstein raised the firm’s price target on Arista Networks to $225 from $212 and keeps an Outperform rating on the shares. The analyst said despite adverse impact of supply constraints, the company reported yet another strong beat and raise, which drove almost 50% growth for 2022 and we continue to see significant upside to investor expectations from here.