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Arista Networks (NYSE:ANET) Shares Up 1.4% on Analyst Upgrade
Arista Networks (NYSE:ANET) saw its shares rise 1.4% after Rosenblatt Securities and Piper Sandler upgraded the stock and increased their price targets. Despite significant insider selling totaling over $27 million in the last 90 days, institutional investors hold a large majority of the company’s stock at 82.47%. The company designs and sells cloud networking solutions, emphasizing programmability and automation for large-scale data centers.