10 AI News and Ratings That You Need To Take a Look At

2. Arista Networks Inc (NYSE:ANET)

Number of Hedge Fund Holders: 78

Arista Networks Inc (NYSE:ANET) develops and sells data-driven networking solutions for AI, cloud, and data center environments worldwide.

On March 17, Erste Group’s Hans Engel downgraded Arista Networks to Hold from Buy as the analyst pointed toward concerns over its operating margin decline and high valuation relative to other sectors. While Arista is developing a cross-vendor ecosystem for AI networks and computing infrastructure, and its revenue growth is expected to stay above average in the medium term, these factors currently limit its upside potential.