Arista Networks Stock (ANET) News Today: Fortinet AI Data Center Partnership, Morgan Stanley Target Cut, and Wall Street’s 2026 Forecasts
Arista Networks shares fell 3.1% to $122.26 on Dec. 17 after Morgan Stanley lowered its price target to $159 from $171, though kept an Overweight rating. Fortinet announced a joint “secure AI data center” solution with Arista, now deployed at Monolithic Power Systems. Arista’s market cap stood near $183.1 billion late Wednesday.