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Fly News Breaks for September 10, 2018
ANET
Sep 10, 2018 | 06:57 EDT
Deutsche Bank analyst Vijay Bhagavath reiterates a Sell rating on Arista Networks with a $180 price target. In a research note partially titled "ANET Still Needs to Climb the 'Wall of Worry,'" the analyst argues that current consensus estimates for the company's sales growth are "elevated" in the 23% range for fiscal 2019. Bhagavath believes Arista's trading multiple "seems correlated to the elevated next few year growth rate expectations."
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.