Arista Networks (ANET) Tops Q4 EPS by 20c

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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 EST

Oppenheimer 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 EST

Jefferies 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 EST

BMO 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 EST

Instinet 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 EST

William 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