Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Robbie Stephens Raises Juniper Networks Opinion


Juniper Networks (JNPR) posted $0.09 Q2 EPS. Robertson Stephens upgraded its investment rating on the shares to strong buy from buy.

Analyst Paul Johnson believes the company has the potential to dominate its market. He believes Juniper's strategy -- building a purpose-built router for the Internet -- is right on the money. Although the stocks's valuation is not cheap by any metric, and business visibility remains limited, Johnson believes the stock is a franchise name. He says he may be early on his recommendation, but he would rather be early than late. Johnson essentially left his 2001 and 2002 estimates unchanged as he continues to feel that visibility is low, particularly in 2002.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus