Breaking Finance News

Arista Networks (NYSE:ANET) has been upgraded from Equal-Weight to Overweight in a report by Morgan Stanley today.

Boasting a price of $181.72, Arista Networks (NYSE:ANET) traded 2.45% higher on the day. With the last stock price close up 23.88% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Arista Networks has recorded a 50-day average of $171.12 and a two hundred day average of $150.29. Volume of trade was down over the average, with 177,256 shares of ANET changing hands under the typical 807,989

Morgan Stanley has upgraded Arista Networks (NYSE:ANET) from Equal-Weight to Overweight in a statement released on Wednesday September 20, 2017.

On 8/07/2017, Instinet released a statement for Arista Networks (NYSE:ANET) bumped up the target price from $135.00 to $173.00 that suggested an upside of 0.01%.

Performance Chart

Arista Networks (NYSE:ANET)

With a market cap of $0, Arista Networks has 52 week low of $78.82 and a 52 week high of $188.07 with a P/E ratio of 48.04 .

In addition to Morgan Stanley reporting its target price, a total of 21 brokers have issued a report on the stock. The consensus target price is $79.30 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Arista Networks (NYSE:ANET)

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. The Company's cloud networking solutions consist of its Extensible Operating System (EOS), a set of network applications and its Ethernet switching and routing platforms. The programmability of EOS has allowed it to create a set of software applications that address the requirements of cloud networking, including workflow automation, network visibility and analytics, and has also allowed it to integrate with a range of third-party applications for virtualization, management, automation, orchestration and network services. EOS supports cloud and virtualization solutions, including VMware NSX, Microsoft System Center and other cloud management frameworks.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.