Arista Networks, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results
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Arista Networks (ANET) PT Raised to $120 at Oppenheimer on 'Robust' 4Q Results and 1Q Guidance
February 17, 2017 9:37 AM ESTOppenheimer and Co. analyst Ittai Kidron reiterates Outperform rating and raises price target on Arista Networks Inc. (NYSE: ANET) to $120 (from $115), as the company delivered 2016 fourth quarter results and 2017 guidance above consensus estimates, despite gross margin pressures from US manufacturing.
Kidron comments, "Arista... More
Jefferies Upgrades Arista Networks (ANET) to Hold
February 17, 2017 7:41 AM ESTJefferies upgraded Arista Networks (NYSE: ANET) from Underperform to Hold with a price target of $100.00 (from $50.00).
Analyst George Notter commented, "Were upgrading the stock from Underperform to a Hold. Clearly, our concerns about their TAM and competing White Box solutions are getting... More
Arista Networks PT Raised to $130 at BMO Following 'Exceptionally Strong' Q4 results
February 17, 2017 6:49 AM ESTBMO Capital Markets analyst Tim Long reiterates Outperform rating and raises price target on Arista Networks (NYSE: ANET) to $130 (from $110), as the company reported 2016 fourth quarter revenues, EPS and gross margins well above consensus projections.
Long comments, "Aristas results blew past... More
Arista Networks (ANET) PT Raised to $125 at Instinet Following Strong 4Q Results, Raises Estimates
February 17, 2017 6:26 AM ESTInstinet analyst Jeffrey Kvaal reiterates Buy rating and raises price target on Arista Networks (NYSE: ANET) to $125 (from $110), as the company reported 2016 fourth quarter revenues and margins above consensus estimates.
Kvaal comments, "Arista has followed its particularly robust 3Q results, even relative... More
William Blair Reiterates Market Perform Rating on Arista Networks (ANET) Following 'Blowout' 4Q Report
February 17, 2017 5:49 AM ESTWilliam Blair analyst Jason Ader reiterates Market Perform rating on Arista Networks (NYSE: ANET), as the company delivered 2016 fourth quarter record revenues with gross margin surprises, while offering guidance well above consensus.
Ader comments, "Arista closed the year on a very strong note, with both... More
Arista Networks (ANET) Tops Q4 EPS by 20c
February 16, 2017 4:05 PM ESTArista Networks (NYSE: ANET) reported Q4 EPS of $1.02, $0.20 better than the analyst estimate of $0.82. Revenue for the quarter came in at $328 million versus the consensus estimate of $315.19 million.
For earnings history and earnings-related data on Arista Networks (ANET) click here.
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