Switch Announces Second Quarter 2021 Financial Results

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JPMorgan Upgrades Switch Inc. (SWCH) to Overweight

August 6, 2021 5:16 AM EDT

JPMorgan analyst Richard Choe upgraded Switch Inc. (NYSE: SWCH) from Neutral to Overweight with a price target of $25.00 (from $19.00).

The analyst comments "We are upgrading Switch to Overweight and establishing our year-end 2022 price target of $25. We believe the strong operational performance and organic growth outlook, potential upside from the Data... More

Switch, Inc. (SWCH) Tops Q2 EPS by 1c

August 5, 2021 4:45 PM EDT

Switch, Inc. (NYSE: SWCH) reported Q2 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $126.9 million versus the consensus estimate of $134.54 million.

"Switch's robust sales performance continued through the second quarter of 2021, driving a record revenue... More