FBR Starts AAPL, JNPR, CIEN at Outperform, CSCO, NOK at Market Perform, MSI at Underperform

FBR Capital's Scott Thompson initiated coverage on the following stocks Friday morning:

• Apple (Nasdaq: AAPL) with an Outperform rating and $500 price target;
  
• Juniper (Nasdaq: JNPR) with an Outperform rating and $27 price target;
  
• Ciena (Nasdaq: CIEN) with an Outperform rating and $18 price target;
  
• Cisco (Nasdaq: CSCO) with a Market Perform rating and a $22.50 price target;
  
• Nokia (NYSE: NOK) with a Market Perform rating and a $6 price target;
  
• Research In Motion (Nasdaq: RIMM) with a Market Perform rating and a $17 price target, and
  
• Motorola Solutions (NYSE: MSI) with an Underperform rating and a $37 price target.

Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Barclays Reinstates J D Wetherspoon PLC (JDW:LN) (JDWPF) at Overweight
• Northcoast Research Starts Deluxe Corp (DLX) at Buy
• Loop Capital initiates Instacart (CART) and DoorDash (DASH) at Buy