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ANET

Arista Networks

$94.48

6.5 (7.39%)

06:44
11/22/16
11/22
06:44
11/22/16
06:44

Arista Networks upgraded to Neutral from Underperform at BofA/Merrill

  • 28

    Nov

  • 12

    Dec

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    Dec

ANET Arista Networks
$94.48

6.5 (7.39%)

10/25/16
ARGS
10/25/16
INITIATION
Target $107
ARGS
Buy
Arista Networks initiated with a Buy at Argus
Argus analysts Jim Kelleher and Mike Jaffe initiated Arista Networks with a Buy and a $107 price target. They said Arista continues to benefit from the multiyear shift to cloud networking from legacy IT silos and the shares discount appears excessive based on our growth projections.
10/31/16
NEED
10/31/16
NO CHANGE
Target $110
NEED
Buy
Arista Networks price target raised to $110 from $105 at Needham
Needham analyst Alex Henderson raised his price target for Arista Networks (ANET) to $110 from $105, saying the "strong growth" from Amazon (AMZN) Web Services and Microsoft's (MSFT) Azure are "strongly suggestive" of robust demand for Arista gear in the Web 2.0 space. The analyst reiterates a Buy rating on Arista Networks' shares.
11/18/16
STFL
11/18/16
INITIATION
STFL
Buy
Arista Networks coverage resumed with a Buy at Stifel
Stifel analyst Aaron Rakers resumed coverage of Arista with a Buy rating. The analyst believes that the company is well-positioned to benefit from "disruptive architectural shifts" in the concentrated networking market. He also expects the company to expand its routing business. Target $102.
11/21/16
JMPS
11/21/16
NO CHANGE
Target $115
JMPS
Arista Networks price target raised to $115 from $87 at JMP Securities

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