Arista Networks (NYSE:ANET) gets upgraded to Conviction-Buy by Goldman Sachs Group

ME Staff
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Analyst Ratings For Arista Networks (NYSE:ANET)

Today, Arista Networks (NYSE:ANET) stock received an upgrade by Goldman Sachs Group from Buy to Conviction-Buy.

There are 17 Buy Ratings, 6 Hold Ratings, 1 Strong Buy Ratings, 1 Sell Ratings on the stock.

The current consensus rating on Arista Networks (NYSE:ANET) is Buy with a consensus target price of $295.60 per share, a potential 0.95% downside.

Some recent analyst ratings include

  • 3/21/2019-Arista Networks (NYSE:ANET) gets upgraded to Conviction-Buy by Goldman Sachs Group
  • 3/19/2019-Arista Networks (NYSE:ANET) gets upgraded to Hold by Deutsche Bank with a price target of $225.00
  • 2/19/2019-Arista Networks (NYSE:ANET) gets upgraded to Buy by Gabelli with a price target of $279.00
  • 12/11/2018-Arista Networks (NYSE:ANET) has coverage initiated with a Underperform rating
  • On 3/18/2019 Jayshree Ullal, Insider, sold 27,250 with an average share price of $299.55 per share and the total transaction amounting to $8,162,737.50.
  • On 3/18/2019 Manuel Felix Rivelo, SVP, sold 702 with an average share price of $300.00 per share and the total transaction amounting to $210,600.00.
  • On 3/15/2019 Jayshree Ullal, CEO, sold 198 with an average share price of $292.97 per share and the total transaction amounting to $58,008.06.
  • On 3/13/2019 Jayshree Ullal, Insider, sold 2,502 with an average share price of $292.83 per share and the total transaction amounting to $732,660.66.
  • On 3/11/2019 Kenneth Duda, SVP, sold 11,874 with an average share price of $280.68 per share and the total transaction amounting to $3,332,794.32.
  • On 3/4/2019 Jayshree Ullal, Insider, sold 33,498 with an average share price of $286.65 per share and the total transaction amounting to $9,602,201.70.
  • On 3/1/2019 Anshul Sadana, Insider, sold 42,084 with an average share price of $286.27 per share and the total transaction amounting to $12,047,386.68.

About Arista Networks (NYSE:ANET)
Arista Networks, Inc. provides cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of its extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

Recent Trading Activity for Arista Networks (NYSE:ANET)
Shares of Arista Networks closed the previous trading session at 298,45 up +3,43 1,16 % with 297.55 shares trading hands.