Arista Networks Surges 9.35% in Third Straight Day of Gains, Trading Volume Ranks 93rd

On April 9, 2025, Arista Networks (ANET) saw a significant surge, rising by 9.35% and marking its third consecutive day of gains, with a total increase of 18.07% over the past three days. The trading volume for the day was substantial, reaching 16.67 billion, placing it at the 93rd position in the day's stock market rankings.

Morgan Stanley has adjusted its price target for Arista Networks, lowering it from $118 to $73. Despite this reduction, the firm maintains an Overweight rating on the shares. This move comes as part of a broader reassessment of the company's valuation and market position.

Analysts have expressed a Moderate Buy consensus on Arista Networks, with an average price target of $122.91. This target suggests a potential upside of 80.30%, indicating that despite recent volatility, there is still significant optimism surrounding the company's future prospects.