ANET is trading 3.2% up at $175.04 today, driven by a new product launch and continued strong bullish sentiment in AI infrastructure. - Arista Networks announced the launch of its 7060XE7 Series, a new portfolio of 1.6T networking platforms designed for AI infrastructure. - Analysts maintain predominantly "Strong Buy" ratings for Arista, with KeyBanc Capital recently raising its price target to $200 on June 18, 2026, citing robust AI demand. - Institutional interest remains strong in the company's AI-focused offerings, despite recent insider selling.