Arista Networks price target raised to $140 from $130 at Morgan Stanley

Morgan Stanley analyst Meta Marshall raised the firm’s price target on Arista Networks to $140 from $130 and keeps an Equal Weight rating on the shares. While Arista reported a "meaningful beat" in Q4, this was "largely built into buyside expectations" and the challenge facing more material upside remains proving out the timing of AI upside against concerns on cloud capex, the analyst tells investors.