Morgan Stanley analyst Meta Marshall raised the firm’s price target on Arista Networks (ANET) to $140 from $135 and keeps an Overweight rating on the shares. The company’s analyst day “highlighted the multiple ways in which they could win,” says the analyst, who notes that a $2.75B AI revenue target for 2026 was ahead of expectations. Arista laid out a growth rate target for 2026 of about 20%, which was better than the 15%-17% the firm had previewed, the analyst added.
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