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Fly News Breaks for March 21, 2016
ANET
Mar 21, 2016 | 07:39 EDT
After Arista dropped 7% last week, Wells Fargo says its Q1 checks on the company have been positive, and it thinks the company's position in the cloud is better than many believe. The firm thinks the company could unveil strong new products at its March 29 Analyst Day, and it keeps an 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.