Amazon White Box Switch Would Be 'Notable Negative' - RBC (ANET) (CSCO) (JNPR)
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Rating Summary:
36 Buy, 26 Hold, 0 Sell
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Today's Overall Ratings:
Up: 2 | Down: 4 | New: 5
Rating Summary:
36 Buy, 26 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 4 | New: 5
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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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