Check Out What Whales Are Doing With ANET
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Arista Networks (NYSE:ANET) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 31% bullish and 68% bearish. Whales have been targeting a price range from $150.0 to $250.0 for Arista Networks over the last 3 months. Citigroup upgraded its action to Buy with a price target of $220 and Argus Research maintained their Buy rating with a price target of $225.
August 31, 2023 | 8:17 pm
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A large investor has taken a bearish stance on Arista Networks, with the overall sentiment of big-money traders being more bearish than bullish. However, Citigroup and Argus Research have maintained their Buy ratings.
The bearish stance taken by a large investor, along with the overall bearish sentiment of big-money traders, could potentially drive the stock price down in the short term. However, the Buy ratings maintained by Citigroup and Argus Research could mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100