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Fly News Breaks for March 29, 2019
ANET
Mar 29, 2019 | 08:32 EDT
Rosenblatt analyst Ryan Koontz initiated Arista Networks with a Neutral and $330 price target. Koontz said Arista has strong position in the hyperscale and cloud specialist market, and sees relatively low risk to 2019 estimates. Longer term growth and profitability, however, is dependent on ANET effectively expanding its commercial capabilities in the enterprise and international markets, the analyst wrote in a note to investors.
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.
