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Fly News Breaks for December 7, 2016
JNPR
Dec 7, 2016 | 08:12 EDT
As previously reported, Credit Suisse upgraded Juniper to Outperform from Neutral and raised its price target to $31. Analyst Kulbinder Garcha believes Juniper is transitioning through the IT disruption successfully with diversified growth, share gains in switching, and an increasingly diversified product offerings. Garcha sees long-term end-market networking revenue growth of 4% annually and share gains in QFX switch and PTX router driving share gains.
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