Juniper Networks, Inc. (JNPR) Tops Q2 EPS by 2c, Issues Light Q3 Outlook
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Juniper (JNPR) Outlook Hurt by Reduced AT&T/Verizon Spending; Goldman Sachs Comments on Q2 Results and Guidance
July 23, 2014 9:04 AM EDTGoldman Sachs maintained a Neutral rating on Juniper Networks (NYSE: JNPR) and lowered its price target to $25.00 (from $28.00). The change follows Q2 results. Junipers weaker outlook was impacted by reduced spending at AT&T and Verizon, noted analyst Simona Jankowski.
"We believe Junipers weaker outlook was due to reduced spending by AT&T and Verizon, each of which has... More
BofA/Merrill Lynch Downgrades Juniper Networks (JNPR) to Neutral
July 23, 2014 6:59 AM EDTBofA/Merrill Lynch downgraded Juniper Networks (NYSE: JNPR) from Buy to Neutral with a price target of $28.00 (from $34.00) following weak guidance on a delays in carrier projects.
The downgrade comes as they expect a lack of catalysts for the stock. Analyst Tal Liani said... More
Juniper Networks (JNPR) PT, Estimates Lowered at Piper Jaffray Post Q2, Weak Q3 Guide
July 23, 2014 6:54 AM EDTPiper Jaffray analyst Troy Jensen trimmed estimates and his price target on Neutral-rated Juniper Networks (NYSE: JNPR) to $26.00 (from $28.00) following respectably Q2 results but guidance for Q3 that was comfortably below consensus due to a pause in U.S. carrier spending plans.
Jensen... More
Juniper (JNPR) to Sell Junos Pulse for $250M
July 22, 2014 4:10 PM EDTJuniper Networks, Inc. (NYSE: JNPR) announced it has entered into a definitive agreement to sell its Junos Pulse product portfolio to Siris Capital for approximately $250 million. Siris is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled... More
