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Fly News Breaks for June 24, 2015
ANET
Jun 24, 2015 | 07:28 EDT
RBC Capital believes that Arista's acquisition of CloudVision will probably expand its opportunity at both existing customers and a broader set of enterprises, while increasing the predictability of its revenue and potentially increasing its gross margins. The firm keeps a $90 price target and Outperform rating on the shares.
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.