Enough time has lapsed since the initial public offerings of Arista Networks Inc. (NYSE: ANET) and JD.com Inc. (NASDAQ: JD) that the analysts from the underwriting companies have now been freed up to initiate research coverage. This is called the end of the quiet period.

Arista has many more analyst calls as its underwriting syndicate was larger. STORY UPDATE 10:38 AM ET: The quiet period expiration analyst coverage is driving both stocks higher — much higher! JD.com shares were up over 5% at $30.05, after opening at $29.00, and Arista Network’s stock was up 9.5% at $68.35, after opening up at $66.97 on the day.

A quick background for each should be offered up. Arista’s IPO was 5.25 million shares and priced at $43 per share, trading up around $55 on the first day. The deal went above its $36 to $40 price range. JD.com priced at $19 (above the $16 to $18 range) for a whopping 93.7 million shares and traded to $20.90 in the debut.

JD.com Inc. (NASDAQ: JD) closed at $28.51 and analyst coverage was started as follows:

• Barclays started as Overweight and $35 price target;
• Bank of America Merrill Lynch started as Neutral and $31 price target;
• Cowen and Co. started as Market Perform and $30 price target;
• Jefferies started as Buy and $36 price target;
• Nomura started as Buy with $35 price target;
• Piper Jaffray started as Neutral and a $29 price target; and
• SunTrust Robinson Humphrey started as Buy with $35 price target.

Arista Networks Inc. (NYSE: ANET) closed at $62.39 and was started as follows:

• Barclays started as Overweight and $75 price target;
• Merrill Lynch started as Buy and $74 price target;
• Cowen and Co. started as Outperform and $70 price target;
• Credit Suisse started as Outperform and $90 price target;
• Deutsche Bank started as Buy with $75 price target;
• JMP Securities started as Outperform and $85 price target;
• Morgan Stanley started as Overweight with a $77 price target;
• Oppenheimer started as Perform;
• Pacific Crest started as Outperform and $73 price target;
• Raymond James started as Market Perform;
• RBC Capital Markets started as Outperform with a $77 price target;
• Stifel started as Hold; and
• Wells Fargo started as Outperform with a $75 to $77 price target.

JD.com shares were initially indicated up 2.4% at $28.51 and Arista Networks shares were trading up 3.5% at $64.58 in premarket trading right before the open on Tuesday.

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