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 (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.
"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.
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The encryption bug has been recently discovered by researchers at Google Inc. and officially disclosed on Monday this week. Two of the largest network equipment makers in the world - Cisco Systems Inc. and Juniper Networks Inc. - warned that some of ...