Cloud Companies Will Spend Billions on AI. Buy Arista Networks Stock.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Morgan Stanley analyst Meta Marshall raised her call on the stock to Overweight from Equal Weight and boosted her target for the price.

Arista Networks shares are getting a post-earnings boost, aided by a bullish call from Morgan Stanley analyst Meta Marshall, who sees the company getting a big boost from AI-driven data-center buildouts.

In a research note Monday, Marshall lifted her rating on Arista shares to Overweight from Equal Weight. She raised her target for the stock price to $220, from $185. Marshall sees Arista as the best way to take advantage of “the $25 billion AI networking market.” In particular, she sees Arista benefiting from the adoption of Ethernet networking in data centers, replacing a competing networking standard called Infiniband.

Marshall said that the ethernet-networking opportunity is largest with cloud providers, where the company already has a strong relationship. Microsoft and Meta Platforms are the company’s largest customers, together accounting for more than 40% of revenue in the most recent fiscal year.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Earnings Show Growth in Public Cloud MarketSteve McDowell is principal analyst and founding partner at NAND Research. Steve is a technologist with over 25 years of deep industry experience in a variety of strategy, engineering, and strategic marketing roles, all with the unifying theme of delivering innovative technologies into the enterprise infrastructure market.
مصدر: ForbesTech - 🏆 318. / 59 اقرأ أكثر »