Is the U.S. Economy Finally Cooling? [Yahoo! Finance]
Arista Networks, Inc. (ANET)
Last arista networks, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.arista.com/home/default.aspx
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Source: Yahoo! Finance
Here with more on this is our Chief Equity Strategist and Economist, John Blank. 1. We had an employment report out recently in earlyJune. Did that help answer this question? 2. We'll have the next employment report come out on Friday July 5 th . Do you expect that to provide any further clarity on this question? 3. We've seen a lot of economic data recently. Does that support a cooling scenario? 4. The main economic event though has investors looking ahead to tomorrow's PCE report for clues about possible Federal Reserve rate cuts. Are you hopeful for a rate cut this year yet? 5. We saw consumer spending soften a bit in April and retail sales increased less than expected in May. Does that indicate lackluster GDP growth going forward? 6. You view the housing market as a key economic indicator. First we had a lack of inventory. But now published data shows home listings staring to rise but the home buyers are slow to show up. Is higher for longer rates choking off demand? I
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News
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- Arista Networks, Inc. (NYSE: ANET) had its price target raised by analysts at Citigroup Inc. from $330.00 to $385.00. They now have a "buy" rating on the stock.MarketBeat
ANET
Earnings
- 5/7/24 - Beat
ANET
Sec Filings
- 6/27/24 - Form 144
- 6/24/24 - Form 4/A
- 6/20/24 - Form 4
- ANET's page on the SEC website