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Arista Networks Inc (ANET) Stock: Buy, Hold, or Sell?

Wednesday, October 21, 2020 11:56 AM | InvestorsObserver Analysts

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Arista Networks Inc (ANET) Stock: Buy, Hold, or Sell?

Wall Street is positive on Arista Networks Inc (ANET). On average, analysts give the stock a Buy rating. The average price target is $237.5, which means analysts expect the stock to increase by 9.58% over the next twelve months.

That average ranking earns the stock an Analyst Rating of 25, which is better than 25% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.6
Wall Street analysts are rating ANET a Buy today. Find out what this means to you and get the rest of the rankings on ANET!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.

InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Arista Networks Inc Stock Today?

Arista Networks Inc (ANET) stock is down -2.5% while the S&P 500 has gained 0.14% as of 11:50 AM on Wednesday, Oct 21. ANET is down -$5.55 from the previous closing price of $222.29 on volume of 294,313 shares. Over the past year the S&P 500 is higher by 15.08% while ANET is down -10.25%. ANET earned $9.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.08.

Click Here to get the full report on Arista Networks Inc (ANET) Stock.

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