Arista Networks's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Whales have taken a bullish stance on Arista Networks (NYSE:ANET), with 47% of options trades being bullish and 29% bearish. Significant investors are targeting a price range of $250 to $410. The stock is currently trading at $354.25, up by 2.22%, with an RSI indicating it may be approaching overbought territory. Analysts have mixed ratings with a consensus target price of $377.2.
August 01, 2024 | 2:47 pm
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Whales have shown a bullish stance on Arista Networks with 47% of options trades being bullish. The stock is currently trading at $354.25, up by 2.22%. Analysts have mixed ratings with a consensus target price of $377.2.
The significant bullish options activity and the current upward price movement suggest a positive short-term outlook for Arista Networks. The mixed but generally positive analyst ratings further support this view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100