ANET: Eating CSCO's lunch

https://www.barrons.com/articles/arista-shines-in-ciscos-rou…

Shares of Arista Networks (ANET) are up $7.04, or 3%, at $231.95, after Needham & Co.’s Alex Henderson this morning reiterated a Buy on the stock, and raised his price target to $230 from $217, after concluding that the company’s competitive threat to Cisco Systems (CSCO) is expanding, based both on Cisco’s results yesterday afternoon, and also remarks by Arista management at a networking conference.

In enterprise accounts, in particular, writes Henderson, Arista is showing “exceptional” growth. "Many of these customers are looking to the scaled out cloud model and want to emulate it,” observers Henderson…

Yum yum.

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