Arista Rallies as Analysts Weigh Big Switch Deal Reports

January 23, 2020
Ryan Koontz
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Seeking Alpha

·        Arista Networks (ANET +3.3%) has pulled a steady climb today to its best gain in months, asanalysts reacted positively to the reports the company is acquiring Big SwitchNetworks.

·        In part, that's due to the take that Arista prevailed over heavycompetition in the deal from rivals Cisco Systems (NASDAQ:CSCO), Dell (DELL +0.7%) and VMware (VMW +2.1%), Juniper Networks (JNPR +0.1%) and Extreme Networks (EXTR -0.9%).

·        Juniper and Dell are the biggest losers here, Rosenblatt's RyanKoontz says, since it would make a fledgling enterprise rival stronger. It's agood deal for Arista so long as it doesn't overpay, he says.

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