Amazon White Box Switch Would Be 'Notable Negative' - RBC (ANET) (CSCO) (JNPR)
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Price: $106.50 +1.53%
Rating Summary:
34 Buy, 28 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
Rating Summary:
34 Buy, 28 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
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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).
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