KeyBanc Downgrades Arista Networks (ANET) to Sector Weight

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Needham & Company Downgrades Arista Networks (ANET) to Hold

November 1, 2019 7:23 AM EDT

Needham & Company analyst Alex Henderson downgraded Arista Networks (NYSE: ANET) from Buy to Hold.

The analyst comments "Arista offere [SIC] weak guidance for CY4Q and continuing into 2020. Management cited a core Cloud customer offered a "dramatic reduction in CY4Q... More