|Bid||32.43 x 600|
|Ask||32.68 x 300|
|Day's Range||32.39 - 32.75|
|52 Week Range||29.12 - 34.60|
|PE Ratio (TTM)||17.16|
|Earnings Date||Nov 15, 2017|
|Dividend & Yield||1.16 (3.57%)|
|1y Target Est||35.73|
The hackers who broke into widely used computer utility software in August also tried to infect machines at Microsoft, Intel and other top technology companies, according to research by Cisco Systems released late on Wednesday. Piriform and more recently Avast said in blog posts this week that no damage had been detected, although more than 2 million people had installed tainted versions of CCleaner.
Shares of networking equipment vendor Arista Networks (ANET) are up $5.45, or 3%, at $187.17, after Morgan Stanley’s James Faucette raises his rating on the shares to Overweight from Equal Weight, and jacks his price target to $210 from $125, writing that he’s having to “eat humble pie” about his reservations on the company before. Faucette now believes the company will have a “time to market advantage” because of its software running on its switches, which will help it to capture the 400-gigabit-per-second market from Cisco Systems (CSCO) and others. Basically, Arista’s going to have a lot more market share and a lot higher margins, than he thought.
Morgan Stanley analyst James Faucette upped his price target on Arista, a member of IBD's Leaderboard, to 210 from 125.