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Fly News Breaks for April 23, 2019
ANET
Apr 23, 2019 | 07:32 EDT
As previously reported, Morgan Stanley analyst James Faucette downgraded Arista Networks to Equal Weight from Overweight, stating that he feels the valuation has recovered to a level that would imply a more balanced risk/reward with the stock up 53% year-to-date. However, he notes that his checks with select resellers continue to point to growth and share gains for Arista and he raised his price target on Arista shares to $330 from $300.
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.