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Kepler Cheuvreux Suisse SA Buys New Stake in Arista Networks, Inc. $ANET
Kepler Cheuvreux Suisse SA has initiated a new position in Arista Networks (NYSE:ANET) by purchasing 12,521 shares valued at approximately $1.824 million during the third quarter. Institutional investors now hold 82.47% of the company’s stock. Arista Networks recently reported strong earnings, exceeding analyst expectations, and has a consensus “Moderate Buy” rating from analysts with an average price target of $176.88.