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Morgan Stanley initiates Ford as a top pick Morgan Stanley said it's standing by its top pick status on Ford. Morgan Stanley initiates Dynatrace as equal weight Morgan Stanley initiated the software stock with an equal weight and said patience is needed. Morgan Stanley reiterates Disney as overweight Morgan Stanley said Disney's participation in a sports streaming bundle is 'low-risk." Morgan Stanley adds Huntington Bancshares to the financials finest list Morgan Stanley added the regional bank to its financials finest list. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its overweight rating on the stock, but that the company will need "substantial funding" to complete its Georgia plant.
Persons: Goldman Sachs, Goldman, ANET, hyperscaler, Morgan Stanley, Ford, it's, Dynatrace, Redburn, Evercore, Susquehanna, Piper Sandler, Trimble, Piper, Riley, Bernstein, Disney, Huntington Bancshares, Huntington, Banks, Stephens, Cantor Fitzgerald, Stratasys, Cantor, Rivian Organizations: Arista Networks, Ford, downgrades, Airlines, UBS, Nvidia, NextEra Energy Partners, Taiwan Semiconductor, Apple, Apple Services, DIS, FOX, Deutsche Bank, Walmart, Citi, GSK, " Bank of America, of America Locations: NVDA's, North America, NAPA, Georgia
Arista Networks could be an early way to get into artificial intelligence, according to Citi. Analyst Atif Malik upgraded the networking equipment stock to buy from neutral and raised his price target to $220 from $177. He also said AI can create a business opportunity between $2 billion and $5 billion over the next three to five years. Malik said Arista's investor day in November could be a positive catalyst for the stock. ANET YTD mountain Arista Networks, year to date — CNBC's Michael Bloom contributed to this report
Persons: Atif Malik, Malik, hyperscaler capex, Michael Bloom Organizations: Arista Networks, Citi, Arista, Nvidia, Microsoft, Meta
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