BMO Capital analyst Tim Long lowered his price target on Switch (SWCH) to $10.50 after its "mixed" Q3 results that saw a slight miss in revenues and EBITDA and a maintained FY18 outlook. The analyst notes that the company's new customer activity has also been slower than anticipated and that its "large deal that was delayed a few months ago may not contribute in 2019". Long keeps his Outperform rating on Switch however, stating that the expansion of its deal with eBay (EBAY), along with its valuation being below the low end of the peer group, should limit the downside.