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Arista Networks (NYSE:ANET) stock price target upped to $230.00, released a report earlier today by Piper Jaffray

Arista Networks (NYSE:ANET) had its target price raised to $230.00 by Piper Jaffray in a report released 11/13/2017. The new target price indicates a possible upside of 0.15% based on the company's most recent close.

On 11/6/2017, Needham released a statement about Arista Networks (NYSE:ANET) bumped up the target price from $175.00 to $217.00. At the time, this indicated a possible upside of 0.09%.

Just yesterday Arista Networks (NYSE:ANET) traded 1.99% higher at $199.89. Arista Networks’s 50-day moving average is $187.09 and its 200-day moving average is $162.13. With the last close up 20.67% relative to the two hundred day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 556,279 shares of the stock traded hands, down from an average trading volume of 758,252

Recent Performance Chart

Arista Networks (NYSE:ANET)

With a market capitalization of $0, Arista Networks has PE ratio of 50.49 with a 52 week low of $79.05 and a 52 week high of $196.68 .

Also covering Arista Networks's price target, a total of 21 brokerages have issued a ratings update on Arista Networks. The one year target is $79.30 with zero equity analysts rating the company a strong buy, zero analysts rating the company a buy, zero firms rating the stock a hold, 0 firms rating the stock a underperform, and lastly zero equity analysts rating the company 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.

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