Arista Networks (NYSE: ANET) has recently received a number of price target changes and ratings updates:

  • 11/29/2017 – Arista Networks had its price target raised by analysts at Bank of America Corp from $210.00 to $250.00. They now have a “neutral” rating on the stock.
  • 11/16/2017 – Arista Networks had its price target raised by analysts at Needham & Company LLC from $217.00 to $230.00. They now have a “buy” rating on the stock.
  • 11/14/2017 – Arista Networks is now covered by analysts at Wells Fargo & Company. They set a “market perform” rating and a $235.00 price target on the stock.
  • 11/13/2017 – Arista Networks is now covered by analysts at Piper Jaffray Companies. They set a “neutral” rating and a $230.00 price target on the stock.
  • 11/8/2017 – Arista Networks was upgraded by analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating.
  • 11/3/2017 – Arista Networks had its “buy” rating reaffirmed by analysts at KeyCorp.
  • 11/3/2017 – Arista Networks had its price target raised by analysts at UBS AG from $165.00 to $200.00. They now have a “neutral” rating on the stock.
  • 11/3/2017 – Arista Networks had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $200.00 price target on the stock.
  • 11/3/2017 – Arista Networks had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $220.00 price target on the stock, up previously from $215.00.
  • 11/3/2017 – Arista Networks had its price target raised by analysts at Jefferies Group LLC from $145.00 to $180.00. They now have a “hold” rating on the stock.
  • 11/3/2017 – Arista Networks had its price target raised by analysts at Nomura from $173.00 to $185.00. They now have a “neutral” rating on the stock.
  • 11/3/2017 – Arista Networks had its price target raised by analysts at BMO Capital Markets from $190.00 to $205.00. They now have a “market perform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/3/2017 – Arista Networks had its price target raised by analysts at Royal Bank Of Canada from $190.00 to $200.00. They now have a “sector perform” rating on the stock.
  • 11/3/2017 – Arista Networks had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $217.00 price target on the stock, up previously from $175.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/3/2017 – Arista Networks was upgraded by analysts at DA Davidson from a “neutral” rating to a “buy” rating. They now have a $224.00 price target on the stock.
  • 10/31/2017 – Arista Networks was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 10/26/2017 – Arista Networks had its price target raised by analysts at JMP Securities from $185.00 to $230.00. They now have a “market perform” rating on the stock.
  • 10/9/2017 – Arista Networks had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $210.00 price target on the stock, up previously from $185.00.

Arista Networks, Inc. (NYSE:ANET) opened at $233.12 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.07 and a current ratio of 3.66. The company has a market cap of $17,170.00, a price-to-earnings ratio of 58.55, a P/E/G ratio of 2.25 and a beta of 1.31. Arista Networks, Inc. has a 12 month low of $87.33 and a 12 month high of $245.65.

In related news, SVP Kenneth Duda sold 8,687 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $174.94, for a total transaction of $1,519,703.78. Following the completion of the transaction, the senior vice president now directly owns 1,593 shares of the company’s stock, valued at $278,679.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Andreas Bechtolsheim sold 132,370 shares of the stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $240.17, for a total transaction of $31,791,302.90. Following the transaction, the insider now directly owns 73,102 shares of the company’s stock, valued at $17,556,907.34. The disclosure for this sale can be found here. In the last quarter, insiders have sold 489,512 shares of company stock valued at $110,575,560. Insiders own 28.09% of the company’s stock.

Arista Networks, Inc is a supplier of cloud networking solutions that use software innovations to address the needs of Internet companies, cloud service providers and data centers for enterprise support. It develops, markets and sells cloud networking solutions, which consist of its Gigabit Ethernet switches and related software.

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