In a report released today, Alex Kurtz from KeyBanc reiterated a Buy rating on Arista Networks (NYSE: ANET), with a price target of $310. The company’s shares opened today at $269.42.
Kurtz has an average return of 61.8% when recommending Arista Networks.
According to TipRanks.com, Kurtz is ranked #361 out of 4853 analysts.
Currently, the analyst consensus on Arista Networks is a Moderate Buy with an average price target of $281, representing a 4.3% upside. In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a $290 price target.
.
See today’s analyst top recommended stocks >>
Arista Networks’ market cap is currently $20.21B and has a P/E ratio of 44.86. The company has a Price to Book ratio of 10.95.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is neutral on the stock. Most recently, in June 2018, Andreas Bechtolsheim, the CDO of ANET sold 50,000 shares for a total of $13,936,736.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. It operates through the following geographical segments: United States; Other Americas; Europe, Middle East, and Africa; and Asia Pacific.
