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Fly News Breaks for September 2, 2015
VMW, HPQ, ANET
Sep 2, 2015 | 07:21 EDT
After meeting with Arista's (ANET) management and other sources in the industry, Stifel says that the release of VMware's (VMW) NSX 6.2 will be positive for Arista, which partners with NSX. The firm adds that the momentum of Arista's partnership with HP (HPQ) is increasing, while the partnership is creating new opportunities for Arista. The firm continues to believe that Arista has multiple "tangible" growth catalysts. It keeps a $95 price target and Buy rating on the shares.
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