Morgan Stanley analyst Meta Marshall raised the firm’s price target on Arista Networks (ANET) to $120 from $100 and keeps an Overweight rating on the shares. Ahead of Arista’s scheduled Q2 report due on Tuesday, August 5, the firm ahs become more positive into the print as cloud capex moves higher and the company’s presence in cloud deployments has been affirmed, the analyst tells investors in a preview.
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