The telecom equipment group is a bright spot in an otherwise down market.
Juniper Networks is leading the charge after Elliott Management confirmed that it owns a 6.2% stake. Elliott is recommending share buy-backs, dividend payouts and other measures to unlock value that should boost Juniper shares to between $35 and $40. Rivals F5 Networks, Cisco Systems and others are rising in sympathy:
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Bucking a Down Market