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Fly News Breaks for December 8, 2016
JNPR
Dec 8, 2016 | 06:31 EDT
Nomura analyst Jeffrey Kvaal upgraded Juniper to Buy and raised its price target to $33 from $24 due to strengthening switching. Kvaal said Juniper's new QFX family of data center switches is poised to grow rapidly in 2017 and total switching unit growth could be upwards of 12% in 2017. The analyst raised 2017 estimates to $2.36/$5.22B from $2.21/$5.12B.
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