Arista Networks (ANET) Tops Q2 EPS by 39c, Beats on Revenues; 3Q Revenue Guidance Above Consensus

Go back to Arista Networks (ANET) Tops Q2 EPS by 39c, Beats on Revenues; 3Q Revenue Guidance Above Consensus

Arista Networks (ANET) PT Raised to $173 at Nomura/Instinet

August 7, 2017 6:33 AM EDT

Nomura/Instinet raised its price target on Arista Networks (NYSE: ANET) to $173.00 (from $135.00) while maintaining a Neutral rating.

Analyst Jeff Kvaal says higher sales levels are sustainable.

FY 2017 EPS estimate rises from $3.91 to $4.78 and FY 2018 EPS estimate rises from $4.79 to $5.78.

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Arista Networks (ANET) PT Raised to $190 at BMO Capital on 2Q Report; 'Demand was Broad-Based Across Verticals

August 4, 2017 10:40 AM EDT

BMO Capital raised its price target on Arista Networks (NYSE: ANET) to $190.00 (from $167.00) while maintaining a Outperform rating, following the company's second quarter earnings announcement.

Analyst Tim Long notes the company delivered second quarter earnings per share and revenue results above consensus... More

Arista Networks (ANET) PT Raised to $200 at Barclays

August 4, 2017 9:25 AM EDT

Barclays raised its price target on Arista Networks (NYSE: ANET) to $200.00 (from $185.00) while maintaining a Overweight rating.

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Arista Networks (ANET) PT Raised to $180 at Oppenheimer

August 4, 2017 9:09 AM EDT

Oppenheimer raised its price target on Arista Networks (NYSE: ANET) to $180.00 (from $160.00) while maintaining a Outperform rating.

Analyst Ittai Kidron commented, "Arista delivered very strong 2Q17 results and offered 3Q17 guidance well ahead of consensus, as its solutions continue to see strong... More

Arista Networks (ANET) PT Raised to $145 at Jefferies

August 4, 2017 8:28 AM EDT

Jefferies raised its price target on Arista Networks (NYSE: ANET) to $145.00 (from $120.00) while maintaining a Hold rating.

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Arista Networks (ANET) PT Raised to $168 at Cowen; Results 'Impressive'

August 4, 2017 7:08 AM EDT

Cowen raised its price target on Arista Networks (NYSE: ANET) to $168.00 (from $145.00) while maintaining a Outperform rating following "impressive" results.

Analyst Paul Silverstein commented, "In the wake of impressive 2Q17 oper results, we have significantly increased our CY17 19 oper forecast and PT ($168 from $145) and... More

Arista Networks (ANET) PT Raised to $180 at Citi

August 4, 2017 7:03 AM EDT

Citi raised its price target on Arista Networks (NYSE: ANET) to $180.00 (from $165.00) while maintaining a Buy rating.

Analyst Stanley Kovler adjusts his model following the company's Q2 report and rolls his multiple over into 2018 which results in a raised PT.

FY 2017 EPS... More

Arista Networks (ANET) PT Raised to $165 at Stifel on 2Q Report; 'Strongest Beat-and-Raise Quarter Yet'

August 4, 2017 6:36 AM EDT

Stifel raised its price target on Arista Networks (NYSE: ANET) to $165.00 (from $145.00) while maintaining a Hold rating, following the company's second quarter earnings announcement.

Analyst Aaron Rakers notes the company delivered second quarter earnings per share and revenue results above consensus... More

JPMorgan Upgrades Arista Networks (ANET) to Overweight

August 4, 2017 5:25 AM EDT

JPMorgan upgraded Arista Networks (NYSE: ANET) from Neutral to Overweight with a price target of $186.00 (from $144.00).

Analyst Rod Hall says the fundamentals are crushing forecast still in the face of multiple trade bans relating to patent disputes with Cisco Systems (NASDAQ:... More