Prentiss Smith & Co Decreased Its Arista Networks (ANET) Holding; 9 Analysts Covering ONEOK, Inc. (OKE)

June 16, 2018 - By Adrian Mccoy

ONEOK, Inc. (NYSE:OKE) Logo

Among 21 analysts covering ONEOK (NYSE:OKE), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. ONEOK had 78 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of ONEOK, Inc. (NYSE:OKE) earned “Overweight” rating by Barclays Capital on Tuesday, April 17. The rating was maintained by Credit Suisse on Thursday, February 25 with “Neutral”. RBC Capital Markets maintained ONEOK, Inc. (NYSE:OKE) rating on Sunday, October 1. RBC Capital Markets has “Hold” rating and $58.0 target. The stock has “Perform” rating by Oppenheimer on Friday, January 22. On Tuesday, March 20 the stock rating was upgraded by Jefferies to “Buy”. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, October 4 report. As per Thursday, February 23, the company rating was upgraded by Jefferies. BMO Capital Markets maintained it with “Buy” rating and $64.0 target in Monday, January 15 report. As per Tuesday, August 1, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Monday, May 15 by RBC Capital Markets. See ONEOK, Inc. (NYSE:OKE) latest ratings:

12/06/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $66 New Target: $72 Maintain
03/05/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $61 New Target: $62 Maintain
20/04/2018 Broker: Deutsche Bank Rating: Hold New Target: $62 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $67 New Target: $66 Maintain
17/04/2018 Broker: Seaport Global Rating: Neutral New Target: $60 Initiates Coverage On
20/03/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
08/03/2018 Broker: BMO Capital Markets Rating: Buy New Target: $68.0 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $70 New Target: $72 Maintain
28/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $55.0 Maintain
28/02/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $55 New Target: $61 Maintain

Prentiss Smith & Co Inc decreased Arista Networks Inc (ANET) stake by 31.04% reported in 2018Q1 SEC filing. Prentiss Smith & Co Inc sold 17,146 shares as Arista Networks Inc (ANET)’s stock declined 1.58%. The Prentiss Smith & Co Inc holds 38,087 shares with $9.72 million value, down from 55,233 last quarter. Arista Networks Inc now has $21.32B valuation. The stock increased 1.96% or $5.5 during the last trading session, reaching $286.62. About 1.36M shares traded or 34.78% up from the average. Arista Networks, Inc. (NYSE:ANET) has risen 72.73% since June 16, 2017 and is uptrending. It has outperformed by 60.16% the S&P500. Some Historical ANET News: ; 11/05/2018 – Arista Takes Aim at Cisco — Barrons.com; 24/03/2018 – Arista Networks Access Event Set By Aliya Capital for Mar. 26; 29/05/2018 – Arista Networks Presenting at Cowen Conference Tomorrow; 09/04/2018 – Gold Resource Corporation Extends Arista Vein System High-Grade With Intercepts Including 2 Meters of 6.68 g/t Gold and 864 g/t; 19/04/2018 – Arista Networks Presenting at JPMorgan Conference May 15; 09/04/2018 – Gold Resource Corporation Extends Arista Vein System High-Grade With lntercepts Including 2 Meters of 6.68 g/t Gold and 864 g/t Silver; 03/05/2018 – ARISTA NETWORKS 1Q ADJ EPS $1.66, EST. $1.49; 10/05/2018 – Tech Today: Apple at $1 Trillion Soon, IAC Surges, Cheers for Arista — Barron’s Blog; 03/05/2018 – ARISTA NETWORKS SEES 2Q REV. $500M TO $514M, EST. $503.3M; 28/03/2018 – ARISTA NETWORKS INC – BOTH PATENT TRIAL & APPEAL BOARD AND FEDERAL CIRCUIT DETERMINED ‘668 PATENT TO BE UNPATENTABLE ON ALL RELEVANT CLAIMS

More recent Arista Networks, Inc. (NYSE:ANET) news were published by: Nasdaq.com which released: “Research Report Identifies Aetna, Square, Overstock, INTL FCStone, Arista Networks, and Hanesbrands with Renewed …” on June 11, 2018. Also Businesswire.com published the news titled: “Arista Announces New Multi-function Platform for Cloud Networking” on June 05, 2018. Investingnews.com‘s news article titled: “3 Cybersecurity ETFs for Investors” with publication date: June 14, 2018 was also an interesting one.

Among 36 analysts covering Arista Networks (NYSE:ANET), 18 have Buy rating, 1 Sell and 17 Hold. Therefore 50% are positive. Arista Networks had 138 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Thursday, May 31 by Credit Suisse. As per Thursday, March 1, the company rating was maintained by Needham. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by Instinet on Monday, August 7. The firm earned “Sector Perform” rating on Wednesday, August 31 by RBC Capital Markets. On Monday, June 27 the stock rating was downgraded by Bank of America to “Underperform”. The rating was maintained by Stifel Nicolaus on Thursday, July 20 with “Hold”. Deutsche Bank maintained Arista Networks, Inc. (NYSE:ANET) rating on Friday, May 4. Deutsche Bank has “Sell” rating and $18000 target. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, May 4. The rating was maintained by UBS with “Neutral” on Friday, November 3. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by Buckingham Research on Wednesday, September 16.

Analysts await Arista Networks, Inc. (NYSE:ANET) to report earnings on August, 2. They expect $1.50 EPS, up 36.36% or $0.40 from last year’s $1.1 per share. ANET’s profit will be $111.59M for 47.77 P/E if the $1.50 EPS becomes a reality. After $1.52 actual EPS reported by Arista Networks, Inc. for the previous quarter, Wall Street now forecasts -1.32% negative EPS growth.

The stock decreased 2.25% or $1.56 during the last trading session, reaching $67.78. About 4.01M shares traded or 66.69% up from the average. ONEOK, Inc. (NYSE:OKE) has risen 27.55% since June 16, 2017 and is uptrending. It has outperformed by 14.98% the S&P500. Some Historical OKE News: ; 06/04/2018 – Oneok Inc Presenting at Mizuho Energy Summit Apr 9; 01/05/2018 – ONEOK INC SEES FY NET INCOME $955M TO $1.16B, EST. $1.02B; 19/04/2018 – ONEOK INC – INCREASED ONEOK’S QUARTERLY DIVIDEND 2.5 CENTS PER SHARE, OR 3 PERCENT COMPARED WITH ITS PRIOR DIVIDEND, TO 79.5 CENTS PER SHARE; 19/04/2018 – ONEOK BOOSTS QTR DIV TO 79.5C/SHR FROM 77C, EST. 79C; 04/04/2018 – IGNORE: ONEOK REPORTED EDI SERVICES SUSPENSION APRIL 3; 01/05/2018 – ONEOK INC SEES FY ADJ EBITDA $2.22B TO $2.42B, EST. $2.26B; 03/04/2018 – ONEOK -AS PRECAUTIONARY STEP FOR INTERSTATE NATURAL GAS PIPELINES,TEMPORARILY DISABLED SERVICE WITH ELECTRONIC DATA INTERCHANGE SERVICES PROVIDER; 03/04/2018 – Oneok: Move Was Purely Precautionary Step After EDI Was Target of Apparent Cyberattack; 01/05/2018 – Oneok 1Q Net $264.5M; 03/04/2018 – ONEOK INC OKE.N -ONEOK NATURAL GAS PIPELINES OPERATING NORMALLY

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company has market cap of $27.86 billion. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines divisions. It has a 52.54 P/E ratio. It owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions.

ONEOK, Inc. (NYSE:OKE) Institutional Positions Chart

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