Are Analysts Bullish Arista Networks, Inc. (NYSE:ANET) After Last Week?

Arista Networks, Inc. (NYSE:ANET) Logo

Arista Networks, Inc. (NYSE:ANET) Ratings Coverage

Among 10 analysts covering Arista Networks (NYSE:ANET), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Arista Networks had 12 analyst reports since July 9, 2018 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, November 2 with “Buy”. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by Nomura on Friday, November 2. The firm earned “Equal-Weight” rating on Tuesday, September 4 by Morgan Stanley. The firm earned “Neutral” rating on Friday, November 2 by JP Morgan. As per Thursday, October 4, the company rating was maintained by Credit Suisse. On Monday, July 9 the stock rating was upgraded by PiperJaffray to “Overweight”. The stock has “Outperform” rating by BMO Capital Markets on Friday, November 2. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, November 2. BMO Capital Markets upgraded Arista Networks, Inc. (NYSE:ANET) rating on Wednesday, October 17. BMO Capital Markets has “Outperform” rating and $279 target. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by JP Morgan on Monday, July 23. Below is a list of Arista Networks, Inc. (NYSE:ANET) latest ratings and price target changes.

02/11/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $255 New Target: $262 Maintain
02/11/2018 Broker: Nomura Old Rating: Neutral New Rating: Neutral Old Target: $250 New Target: $260 Maintain
02/11/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $300 New Target: $315 Maintain
02/11/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $279 New Target: $296 Maintain
02/11/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $310 New Target: $320 Maintain
23/10/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $275 Initiates Coverage On
17/10/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform New Target: $279 Upgrade
04/10/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $305 New Target: $311 Maintain
26/09/2018 Broker: UBS Rating: Neutral New Target: $290 Initiates Coverage On
04/09/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade

The stock decreased 5.59% or $13.34 during the last trading session, reaching $225.09. About 830,264 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 54.10% since December 8, 2017 and is uptrending. It has outperformed by 38.48% the S&P500.

Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $16.98 billion. The companyÂ’s cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It has a 69.47 P/E ratio. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services.

More notable recent Arista Networks, Inc. (NYSE:ANET) news were published by: Seekingalpha.com which released: “Arista Networks Down 30%: Buying Opportunity? – Seeking Alpha” on October 15, 2018, also Seekingalpha.com with their article: “Arista Q3 Earnings: The Price Of Excellence – Seeking Alpha” published on November 04, 2018, Seekingalpha.com published: “Arista Networks, Inc. (ANET) Management at Credit Suisse 22nd Annual Technology, Media & Telecom Conference – Transcript – Seeking Alpha” on November 27, 2018. More interesting news about Arista Networks, Inc. (NYSE:ANET) were released by: Benzinga.com and their article: “5 Reasons Why Arista (NYSE:ANET) Is Now Piper Jaffray’s No. 2 Networking Pick – Benzinga” published on July 09, 2018 as well as Fool.com‘s news article titled: “Why Arista Networks Stock Dropped 11.1% in September – The Motley Fool” with publication date: October 04, 2018.

Arista Networks, Inc. (NYSE:ANET) Ratings Chart

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