Morgan Stanley Raises Price Target for Arista Networks (ANET) Amid AI Demand
On June 12, Morgan Stanley raised its price target for Arista Networks (NYSE: ANET) from $180 to $190 while maintaining an 'Overweight' rating. The firm cited strong demand for AI inference workloads and rising CPU intensity as key drivers of a potential front-end networking refresh cycle.
Topics: AI networking Arista Networks Morgan Stanley price target upgrade