Amazon White Box Switch Would Be 'Notable Negative' - RBC (ANET) (CSCO) (JNPR)
RBC Capital analyst Mitch Steves weighed in on reports Amazon Web Services (NASDAQ: AMZN) is now targeting the data center switching market. Steves said while the reports are unsubstantiated at this time, if true "we think this would be a notable negative for the networking equipment space going forward."
Stocks mentioned: Arista Networks (NYSE: ANET), Cisco Systems (NASDAQ: CSCO) and Juniper Networks (NYSE: JNPR).