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ANET

Arista Networks

$94.48

6.5 (7.39%)

07:44
11/22/16
11/22
07:44
11/22/16
07:44

Arista Networks upgraded to Neutral at BofA/Merrill

As previously reported, BofA/Merrill upgraded Arista Networks to Neutral and raised its price target to $97 from $68. Analyst Tal Liani said the lifting off its import ban by the US Customs and Border Patrol removes an overhang and said the company is well positioned for secular growth trends.

  • 28

    Nov

  • 12

    Dec

  • 12

    Dec

ANET Arista Networks
$94.48

6.5 (7.39%)

10/31/16
NEED
10/31/16
NO CHANGE
Target $110
NEED
Buy
Arista Networks price target raised to $110 from $105 at Needham
Needham analyst Alex Henderson raised his price target for Arista Networks (ANET) to $110 from $105, saying the "strong growth" from Amazon (AMZN) Web Services and Microsoft's (MSFT) Azure are "strongly suggestive" of robust demand for Arista gear in the Web 2.0 space. The analyst reiterates a Buy rating on Arista Networks' shares.
11/18/16
STFL
11/18/16
INITIATION
STFL
Buy
Arista Networks coverage resumed with a Buy at Stifel
Stifel analyst Aaron Rakers resumed coverage of Arista with a Buy rating. The analyst believes that the company is well-positioned to benefit from "disruptive architectural shifts" in the concentrated networking market. He also expects the company to expand its routing business. Target $102.
11/21/16
JMPS
11/21/16
NO CHANGE
Target $115
JMPS
Arista Networks price target raised to $115 from $87 at JMP Securities
11/22/16
BOFA
11/22/16
UPGRADE
BOFA
Neutral
Arista Networks upgraded to Neutral from Underperform at BofA/Merrill

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