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Fly News Breaks for March 27, 2017
ANET
Mar 27, 2017 | 05:30 EDT
Goldman Sachs analyst Simona Jankowski upgraded Arista Networks to Neutral and raised her price target for the shares to $125 from $68. The analyst says she was wrong on the stock and that the company has overcame some of her concerns around legal risks with solid execution. She expects risks to "take a back seat to the rapid 100G market inflection in 2017."
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.