Oppenheimer Maintains Perform Rating on Juniper Networks

A report from Oppenheimer reiterates its Perform rating on Juniper Networks JNPR. In the report, Oppenheimer writes, “Juniper delivered in-line 3Q11 results with revenues and EPS meeting consensus estimates and as expected has finally reset the bar for 4Q11 with reduced expectations. That said, we expect the next few quarters to be bumpy as Juniper looks to ramp several new products in the face of multiple headwinds." JNPR closed yesterday at $21.41.