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Fly News Breaks for July 8, 2019
CSCO, ANET, JNPR
Jul 8, 2019 | 07:04 EDT
Citi analyst Jim Suva downgraded Juniper Networks (JNPR) to Sell from Neutral and cut his price target for the shares to $24 from $28. The analyst has picked up recent competitive share gains by Arista Networks (ANET) and Cisco Systems (CSCO). This sets up for more share loss to Juniper and "too lofty" expectations in the second half of 2019, Suva tells investors in a research note.
News For JNPR;ANET;CSCO From the Last 2 Days
JNPR
Apr 26, 2024 | 06:24 EDT
JNPR
Apr 25, 2024 | 16:24 EDT
JNPR
Apr 25, 2024 | 13:09 EDT
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.
