Telecom Equipment a Bright Spot in Down Market

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:

Bucking a Down Market