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Fly News Breaks for June 12, 2017
ANET
Jun 12, 2017 | 09:05 EDT
Needham analyst Alex Henderson believes Q2 will mark the inflection point in the 100G upgrade cycle, which he thinks will likely result in another acceleration in Arista Networks's Web 2.0 business. Noting that he expects "robust upside" to Arista estimates in 2017 and into 2018, Henderson raised his price target to $175 from $162 and keeps a Buy 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.
