Juniper's (JNPR) shares have risen significantly since the company's previous earnings release unlike Cisco (CSCO), which have trended in the opposite direction. This could imply that investors are more excited about Juniper's upcoming products relative to Cisco's. One of these is its new data center technology previously called Project Stratus, which is now being branded QFabric. Besides Cisco, Juniper also competes with Hewlett-Packard (HPQ), Alcatel-Lucent (ALU) and Huawei-3Com in the network equipment business.
Our price estimate for Juniper's stock stands at $32.59, which is roughly 23% below the current market price.Permalink | Email this | Comments