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Fly News Breaks for June 15, 2017
CSCO, HPE, ANET
Jun 15, 2017 | 05:48 EDT
Barclays analyst Mark Moskowitz raised his price target for Arista Networks (ANET) to $185 citing "fading" litigation risk, improving gross margin and the potential for revenue upside related to the HP Enterprise (HPE) partnership. The analyst believes long-term investors may be taking a fresh look at the shares following the recent favorable ruling from the Patent and Trial Board against Cisco Systems (CSCO). He keeps an Overweight rating on Arista.
News For ANET;HPE;CSCO From the Last 2 Days
HPE
Apr 25, 2024 | 16:24 EDT
ANET
Apr 24, 2024 | 10:26 EDT
Bullish option flow detected in Arista Networks with 2,900 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 56.57%. Nov-24 270 calls and 4/26 weekly 275 calls are the most active options, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 0.64. Earnings are expected on May 7th.
