Switch, Inc. (SWCH) Scheduled to Post Quarterly Earnings on Monday

Switch, Inc. (NYSE:SWCH) is set to issue its quarterly earnings data after the market closes on Monday, November 13th.

Switch, Inc. (NYSE SWCH) opened at $18.95 on Friday. Switch, Inc. has a one year low of $18.00 and a one year high of $24.90.

In other Switch news, insider Erin Thomas Morton acquired 300,000 shares of the business’s stock in a transaction dated Wednesday, October 11th. The shares were acquired at an average price of $17.00 per share, with a total value of $5,100,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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SWCH has been the topic of a number of research reports. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Switch in a research note on Tuesday, October 31st. They issued a “neutral” rating on the stock. Jefferies Group LLC initiated coverage on shares of Switch in a research note on Tuesday, October 31st. They issued a “hold” rating on the stock. J P Morgan Chase & Co initiated coverage on shares of Switch in a research note on Tuesday, October 31st. They issued an “overweight” rating and a $22.00 price target on the stock. Wells Fargo & Company initiated coverage on shares of Switch in a research note on Tuesday, October 31st. They issued a “market perform” rating on the stock. Finally, Citigroup Inc. initiated coverage on shares of Switch in a research note on Tuesday, October 31st. They issued a “neutral” rating and a $22.00 price target on the stock. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $22.20.

About Switch

Switch, Inc is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry.

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