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Fly News Breaks for May 22, 2017
ANET
May 22, 2017 | 06:06 EDT
DA Davidson analyst Mark Kelleher downgraded Arista Networks to Neutral citing valuation with the shares up 60% since his initiation in January. The analyst also sees a "number of new networking architectures emerging" that could challenge both Arista longer-term. He has a $153 price target for 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.