Ticonderoga Maintains a 'Buy' on Juniper Networks (JNPR); Verizon Cranks Up the Network to 100G Using Juniper
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Price: $39.95 --0%
Rating Summary:
16 Buy, 30 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
Rating Summary:
16 Buy, 30 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
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Ticonderoga maintains a 'Buy' on Juniper Networks (NYSE: JNPR), PT $50.
Ticonderoga analyst says, "This morning, Verizon (NYSE: VZ)(Not-Rated) announced plans to deploy 100G (gigabits per second) technology in the U.S., and Juniper has been chosen as the supplier of routers, while Ciena (Nasdaq: CIEN)(NR) is the partner for the 100G coherent optical transport solution. Earlier this month, Verizon announced using both Juniper and Ciena for its 100G long-haul network in Europe. In our view, today's announcement supports the early lead that Juniper is experiencing with core routers used in 100G networks and the continued momentum with next-generation networks around the world. Recall, we indicated during last week's CTIA show that our checks indicated that LightSquared would use Juniper for its new 4G LTE network, and the company has been gaining momentum with China-based carriers in recent months."
For more ratings news on Juniper Networks click here and for the rating history of Juniper Networks click here.
Shares of Juniper Networks closed at $40.76 yesterday.
Ticonderoga analyst says, "This morning, Verizon (NYSE: VZ)(Not-Rated) announced plans to deploy 100G (gigabits per second) technology in the U.S., and Juniper has been chosen as the supplier of routers, while Ciena (Nasdaq: CIEN)(NR) is the partner for the 100G coherent optical transport solution. Earlier this month, Verizon announced using both Juniper and Ciena for its 100G long-haul network in Europe. In our view, today's announcement supports the early lead that Juniper is experiencing with core routers used in 100G networks and the continued momentum with next-generation networks around the world. Recall, we indicated during last week's CTIA show that our checks indicated that LightSquared would use Juniper for its new 4G LTE network, and the company has been gaining momentum with China-based carriers in recent months."
For more ratings news on Juniper Networks click here and for the rating history of Juniper Networks click here.
Shares of Juniper Networks closed at $40.76 yesterday.
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