Credit Suisse Keeps Their Buy Rating on Switch Inc


In a report released today, Sami Badri from Credit Suisse maintained a Buy rating on Switch Inc (NYSE: SWCH), with a price target of $22. The company’s shares opened today at $15.33.

According to TipRanks.com, Badri is a 1-star analyst with an average return of -1.6% and a 46.4% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.

Switch Inc has an analyst consensus of Moderate Buy, with a price target consensus of $19.

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The company has a one-year high of $24.90 and a one-year low of $13.10. Currently, Switch Inc has an average volume of 845.7K.

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Switch, Inc. (Nevada) engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers. It operates through the following segments: Colocation, Connectivity, and Other.

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