Here's Why Loop Capital Considers Arista Networks As Top Pick For 2022

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  • Loop Capital analyst Fahad Najam initiated coverage of Arista Networks Inc ANET with a Buy rating and $157 price target (28% upside) while also naming the stock his Top Pick for 2022. 
  • The company is a franchise name in networking with further significant opportunities in the hyper-scale Data Center Switching market and a growing total addressable market expansion in the enterprise Campus Switching market. 
  • Najam adds that Arista has the best-in-class management team at the helm. 
  • The firm's culture of innovating ahead of its customers allows it to "continue to disrupt" the networking equipment market.
  • RelatedWhy Arista Networks Stock Is Trading Higher During Monday's After-Hours Session
  • Keybanc analyst Thomas Blakey maintained Arista Networks with an Overweight and raised the price target from $165 to $172 (40.18% upside).
  • Price Action: ANET shares traded higher by 9.92% at $135 in the premarket on the last check Tuesday.
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ANETArista Networks Inc
$66.75-6.34%

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