Another Big Earnings Week Ahead
After a monumental week of Big Tech earnings, we're in for more than a quarter of S&P 500 companies' reports, including those from Alibaba (NYSE: BABA), General Motors (NYSE: GM), and Kraft Heinz
Citigroup Maintains Neutral on Arista Networks, Raises Price Target to $400
Citigroup analyst Jim Suva maintains Arista Networks (NYSE:ANET) with a Neutral and raises the price target from $325 to $400.
Keybanc Maintains Overweight on Arista Networks, Raises Price Target to $430
Keybanc analyst Steve Enders maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $424 to $430.
Recap: Arista Networks Q2 Earnings
Shares of Arista Networks (NYSE:ANET) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 28.91% over the past year to $2.72, which beat the estimate of $2.54.
Arista Networks Q2 EPS $2.72 Beats $2.54 Estimate, Sales $707.30M Beat $687.32M Estimate
Arista Networks (NYSE:ANET) reported quarterly earnings of $2.72 per share which beat the analyst consensus estimate of $2.54 by 7.09 percent. This is a 28.91 percent increase over earnings of $2.11 per share from the
Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
Stocks That Hit 52-Week Highs On Friday
Before 10 a.m. ET on Friday, 115 companies hit new 52-week highs.
Stocks That Hit 52-Week Highs On Wednesday
Before 10 a.m. ET Wednesday, 138 stocks hit new 52-week highs.
Morgan Stanley Maintains Overweight on Arista Networks, Raises Price Target to $420
Morgan Stanley analyst Meta Marshall maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $345 to $420.
Stocks That Hit 52-Week Highs On Friday
During Friday's morning session, 235 stocks hit new 52-week highs.