Stock Rating Upgrade
Of late the Value Trend Rating for Arista Networks Inc (NYSE: ANET) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/15/24, Arista Networks Inc (NYSE: ANET) stock declined by -3.0%, closing at $374.39. Moreover, this decline was accompanied by unusually high trading volume at 169% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.1% during the last week.
Current PriceTarget Research Rating
Arista Networks has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Arista Networks has a slightly negative Appreciation Score of 34 but a very high Power Rating of 94, resulting in the Positive Value Trend Rating.
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