Zacks Investment Research downgraded Arista Networks Inc (NYSE:ANET) to Sell in a report released today.
- Updated: October 4, 2016
Yesterday Arista Networks Inc (NYSE:ANET) traded 0.24% higher at $85.25. The company’s 50-day moving average is $81.46 and its 200-day moving average is $71.44. The last closing price is up 19.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 406,043 shares of the stock traded hands, down from an average trading volume of 713,730
Zacks Investment Research has downgraded Arista Networks Inc (NYSE:ANET) to Sell in a report released on Tuesday October 04, 2016.
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Arista Networks Inc has a 52 week low of $52.51 and a 52 week high of $86.35 with a P/E ratio of 42.41 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 21 brokers have issued a report on the company. The average stock price target 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 Inc (NYSE:ANET)
Arista Networks, Inc. is a supplier of cloud networking solutions that address the needs of Internet companies, cloud service providers and next-generation data centers for enterprises. The Company's cloud networking solutions consist of its Extensible Operating System (EOS), which is a set of network applications and its 10/25/40/50/100 Gigabit Ethernet switches. EOS is purpose-built to be programmable and modular. The programmability of EOS allows it to create a set of software applications that address the requirements of cloud networking, including workflow automation, network visibility and analytics, and allows it to integrate with a range of third-party applications for virtualization, management, automation, orchestration and network services. It offers a product line of data center 10/25/40/50/100 Gigabit Ethernet switches comprising its 7050X Series, 7060X Series, 7150 Series, 7260 Series, 7280 leaf switches, 7300X Series Spline switches and its 7500E Series spine switches.
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