Switch Inc (SWCH) Now Covered by BTIG Research

Research analysts at BTIG Research started coverage on shares of Switch Inc (NASDAQ:SWCH) in a report released on Tuesday. The firm set a “buy” rating and a $22.00 price target on the stock. BTIG Research’s target price points to a potential upside of 15.00% from the company’s previous close.

SWCH has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) assumed coverage on Switch in a research report on Tuesday. They issued a “neutral” rating for the company. Citigroup Inc. assumed coverage on Switch in a research report on Tuesday. They issued a “neutral” rating and a $22.00 price objective for the company. J P Morgan Chase & Co assumed coverage on Switch in a research report on Tuesday. They issued an “overweight” rating and a $22.00 price objective for the company. BMO Capital Markets assumed coverage on Switch in a research report on Tuesday. They set an “outperform” rating and a $23.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on Switch in a research report on Tuesday. They set a “market perform” rating for the company. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $22.20.

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In other news, insider Erin Thomas Morton purchased 300,000 shares of the stock in a transaction on Wednesday, October 11th. The stock was purchased at an average price of $17.00 per share, with a total value of $5,100,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Switch Company Profile

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.

Analyst Recommendations for Switch (NASDAQ:SWCH)

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