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Fly News Breaks for November 12, 2019
ANET
Nov 12, 2019 | 16:33 EDT
RBC Capital analyst Robert Muller assumed coverage of Arista Networks with a Sector Perform rating and $210 price target. The analyst likes the company's long-term growth prospects, but says cloud spend volatility remains a near-term concern. Further, following "significant" guidance misses, investors will approach Arista cautiously over the next 12 months, Muller tells investors in a research note.
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.
