Switch (SWCH) Receives Daily News Impact Rating of 0.35

Media stories about Switch (NYSE:SWCH) have trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Switch earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.8033032224825 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

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A number of brokerages have recently commented on SWCH. Zacks Investment Research lowered Switch from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. UBS upgraded Switch from a “market perform” rating to an “outperform” rating in a report on Monday, March 12th. Cowen began coverage on Switch in a report on Friday, January 19th. They issued an “underweight” rating on the stock. Raymond James Financial upgraded Switch from a “market perform” rating to an “outperform” rating in a report on Monday, March 12th. Finally, Credit Suisse Group set a $22.00 price target on Switch and gave the company a “buy” rating in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $21.83.

Shares of SWCH stock opened at $15.22 on Friday. Switch has a twelve month low of $13.34 and a twelve month high of $24.90. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 5.18.

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About Switch

Switch, Inc, through its subsidiary, Switch, Ltd., provides colocation space and related services to technology and digital media companies, cloud and managed service providers, financial institutions, government agencies, and telecommunications providers that conduct critical business on the Internet.

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