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Arista Has Little To Worry About In Case: Analyst

Arista Networks (NYSE:ANET) has little to worry about when it comes to the ongoing legal dispute it has with Cisco Systems (NASDAQ:CSCO) over patent claims, one analyst says.

Alex Henderson at Needham & Co. says he's spoken with Arista management and asked them point-blank whether the routers and networking gear essential to their business are at risk as a result of the action that is now before the International Trade Commission.

"They strongly believe the answer is no," Henderson said in an interview with IBD.

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Arista stock rose sharply Friday afternoon more than 2% to above 66 in the stock market today.

An ITC staff attorney earlier this month determined that three of five Cisco patents were infringed upon by Arista. The finding...