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Arista Networks stock dips after Morgan Stanley downgrade

·1 min read
Arista Networks stock dips after Morgan Stanley downgrade
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  • ANET

Shares of Arista Networks Inc. are off 2.4% in Friday trading after Morgan Stanley analyst Meta Marshall downgraded the stock to equal weight from overweight, writing that the stock's "valuation has come to credit much of the upside we expect over the next year." In order for Arista's stock to head toward what Marshall deems her "bull case," the company would likely need to rack up "new hyperscale wins," and she doesn't anticipate that the company will generate these "incremental wins" in the ne