Juniper Networks Reports Preliminary Third Quarter 2016 Financial Results

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FBN Boosts PT on Juniper Networks (JNPR) to $28 Following Q3 Report; Notes Strength in Routing, Switching

October 26, 2016 2:22 PM EDT

FBN Securities is lifting its price target on Sector Perform-rated Juniper Networks (NYSE: JNPR) from $25 to $28 following Juniper's Q3 report on Tuesday night.

Analyst Shebly Seyrafi commented, The companys routing (+3% Y/Y) and switching (+10% Y/Y) segments came in nicely above... More