Information Provided By:
Fly News Breaks for January 10, 2017
JNPR
Jan 10, 2017 | 16:51 EDT
Deutsche Bank analyst Vijay Bhagavath downgraded Juniper to Sell from Hold and lowered his price target to $21 from $22.50 based on a lack of product revenue growth and structural headwinds for the company's routers, which leads Bhagavath to anticipate downward revisions to "current elevated street earnings estimates" on Juniper.