Juniper Networks (JNPR) announced a strong set of Q1 2014 results on Tuesday, as revenues beat the high end of guidance and operating margins improved solidly on healthy cost controls and revenue gains.
"We rate JUNIPER NETWORKS INC (JNPR) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.
Boston, MA 04/23/2014 (wallstreetpr) - The network gear maker Juniper Networks, Inc. (NYSE:JNPR), with immense pressure from investors and highly challenging business environments, plans to streamline its product offerings and trim its workforce.
Juniper Networks, Inc.(NYSE:JNPR) has received coverage from other analysts as well. In recently issued reports, analysts Cantor Fitzgerald have cut their price target from the higher $37.00 to the current $32.00.
Juniper (NYSE:JNPR) is expected to announce its Q1 2013 results on Tuesday, April 22nd. The networking company has done well in recent quarters, growing its revenues and operating margins on increased demand for core and edge routers.