Why Arista Networks Stock Rocketed Higher This Week

Next-generation IT networking company Arista Networks (ANET 3.67%) cruised into the weekend on a high note. After all, according to data compiled by S&P Global Market Intelligence, the company's shares saw a more than 16% surge in price over the week. This occurred largely because of an analyst recommendation change for the better.What was once a sell is now a hold, says punditOn Tuesday, Rosenblatt Securities prognosticator Mike Genovese became slightly more optimistic on Arista's future, as he upgraded hi ...