|Bid||31.33 x 1000|
|Ask||31.83 x 500|
|Day's Range||31.37 - 31.69|
|52 Week Range||27.13 - 34.60|
|PE Ratio (TTM)||15.96|
|Dividend & Yield||1.16 (3.65%)|
|1y Target Est||N/A|
Dividend growth and solid yields can help income investors immensely.
The largest 1st-quarter sales by the guru
Shares of networking equipment vendor Arista Networks (ANET) are up $2.60, or 2%, at $146.88, after Wells Fargo’s Jess Lubert this afternoon issued a note to clients claiming the company has won a new round in its legal battle with arch-rival Cisco Systems (CSCO). "Our checks indicate that the U.S. Patent and Trademark Office's (USPTO) patent and appeal board invalidated Cisco's '577 patent, which was one of the two patents in the '945 case Arista was found to have violated,” writes Lubert, who has an Outperform rating on the stock. "While we have been able to confirm the USPTO's findings regarding the '577 patent with Arista, it is unclear to us if the USPTO has issued a ruling regarding the '668 patent, which is also in the process of being reviewed by the USPTO's Patent and Appeals board.