Juniper price target raised to $30.50 from $26 at Cantor Cantor raised its price target on Juniper after Elliott Management announced that it had acquired a 6.2% stake in the company, and unveiled a plan it said would "unlock significant value." Cantor believes that Elliott's proposal can increase Juniper's multiple, and Cantor keeps a Buy rating on the stock.
Juniper and Elliott in talks on board additions, WSJ says According to a Wall Street Journal report from Friday evening, Juniper Networks and activist investor Elliott Management are in discussions about adding new directors to Juniper's board in a move that may prevent a proxy fight. Elliott management which owns a 9% stake in the telephone equipment maker has suggested certain candidates which Juniper is evaluating, added the Wall Street Journal. Reference Link
Barclays to hold a conference Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link