Wall Street is positive on Arista Networks Inc (ANET). On average, analysts give the stock a Buy rating. The average price target is $236.25, which means analysts expect the stock to gain by 14.32% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Arista Networks Inc Stock Today?
Arista Networks Inc (ANET) stock is trading at $206.66 as of 1:49 PM on Wednesday, Sep 16, an increase of $0.28, or 0.14% from the previous closing price of $206.38. Volume today is low. So far 292,762 shares have traded compared to average volume of 814,962 shares. The stock has traded between $206.00 and $208.91 so far today.
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