Arista Networks (ANET) is trading 3.6% up at $167.50 after KeyBanc raised its price target to $200 from $178 and reiterated an "Overweight" rating, citing strong demand and new catalysts for the company's AI networking solutions. - The company also unveiled new 1.6-terabit networking platforms designed specifically for rack-scale AI infrastructure, reinforcing its position in the growing AI and cloud data-center market. - The upward movement follows a broader two-day sell-off in the AI and semiconductor sectors, with investors now buying the dip on the back of these positive company-specific developments.