How Analysts Feel About Arista Networks, Inc. (NYSE:ANET)?

April 22, 2018 - By Darrin Black

Arista Networks, Inc. (NYSE:ANET) Logo

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

Among 23 analysts covering Arista Networks (NYSE:ANET), 10 have Buy rating, 1 Sell and 12 Hold. Therefore 43% are positive. Arista Networks had 37 analyst reports since October 26, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 14 by KeyBanc Capital Markets. Deutsche Bank downgraded Arista Networks, Inc. (NYSE:ANET) on Monday, March 19 to “Sell” rating. KeyBanc Capital Markets maintained it with “Buy” rating and $295.0 target in Friday, February 16 report. Needham maintained Arista Networks, Inc. (NYSE:ANET) rating on Friday, November 3. Needham has “Buy” rating and $217.0 target. The stock has “Neutral” rating by Nomura on Tuesday, February 20. The rating was initiated by Wells Fargo on Tuesday, November 14 with “Hold”. Goldman Sachs initiated Arista Networks, Inc. (NYSE:ANET) on Tuesday, February 6 with “Buy” rating. The firm earned “Hold” rating on Tuesday, January 23 by Deutsche Bank. The company was maintained on Friday, November 3 by Cowen & Co. The firm earned “Buy” rating on Thursday, November 16 by Needham. Below is a list of Arista Networks, Inc. (NYSE:ANET) latest ratings and price target changes.

17/04/2018 Broker: JMP Securities Rating: Buy New Target: $315.0000
13/04/2018 Broker: Cleveland Rating: Hold Downgrade
19/03/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Sell Downgrade
09/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $315 New Target: $340 Maintain
01/03/2018 Broker: Needham Rating: Buy New Target: $315.0 Maintain
21/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $270.0 Maintain
20/02/2018 Broker: Nomura Old Rating: Neutral New Rating: Neutral Old Target: $185 New Target: $250 Maintain
16/02/2018 Broker: Jefferies Rating: Hold New Target: $224.0 Maintain
16/02/2018 Broker: Nomura Rating: Hold New Target: $250.0 Maintain
16/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $295.0 Maintain

The stock increased 1.67% or $4.28 during the last trading session, reaching $260.65. About 658,268 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 91.94% since April 22, 2017 and is uptrending. It has outperformed by 80.39% 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 $19.26 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 48.73 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.

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

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