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Fly News Breaks for August 7, 2019
ANET, CSCO, JNPR
Aug 7, 2019 | 18:12 EDT
Barclays analyst Tim Long initiated Juniper (JNPR) with an Equal Weight rating and a price target of $27. The analyst says the company has lost market share in the "challenging" telco routing end market, noting that while its average selling prices have stabilized, the performance of that business could be "volatile". Long adds that Cisco (CSCO) and Arista Networks (ANET) competition have kept Juniper from making share gains in the switching business.
News For JNPR;CSCO;ANET From the Last 2 Days
ANET
ANET, CSCO
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