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Fly News Breaks for May 15, 2015
ANET
May 15, 2015 | 08:51 EDT
After Arista reported better than expected Q1 results, SunTrust says the results were strong, while the company's guidance was "overly conservative." The firm thinks the guidance could cause a near-term overhang on the stock, but it contends that the company's growth rates can exceed expectations in fiscal 2016 and fiscal 2017. SunTrust keeps a $100 price target and Buy rating.
News For ANET From the Last 2 Days
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.