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Fly News Breaks for April 21, 2015
VZ, JNPR, COMM, CSCO, CIEN
Apr 21, 2015 | 10:20 EDT
After Verizon (VZ) reported Q1 total capital spending of $3.67B, below the consensus at $4.28B, Wells Fargo said it believes carrier equipment vendors such as Ciena (CIEN), Cisco (CSCO), CommScope (COMM) and Juniper (JNPR) factored into their forecasts weak U.S. tier-1 spending. Further, Wells views Verizon's reiteration of its full year capex forecast as a positive development. It has Outperform ratings on Ciena, Cisco, CommScope and Juniper.
News For CIEN;CSCO;COMM;JNPR;VZ From the Last 2 Days
