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Arista Networks -2.9% on Morgan Stanley downgrade

Sep. 04, 2018 7:58 AM ETArista Networks, Inc. (ANET) StockANETBy: Brandy Betz, SA News Editor4 Comments
  • Morgan Stanley downgrades Arista Networks (NYSE:ANET) from Overweight to Equal Weight with a $310 price target, a 4% upside to Friday’s close.
  • Analyst James Faucette says the YTD outperformance seems to reflect his positive view on the company’s 100G potential and enterprise TAM expansion. 
  • ANET shares are down 2.9% premarket to $290.20.  

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