Juniper: SunTrust Says Sell on Cisco, SDN Threat in Telecom

Shares of networking equipment maker #Juniper Networks (JNPR) are down 56 cents, or 2%, at $25.84, after SunTrust Robinson Humphrey‘s Inder Singh this morning cut his rating on the stock to “Reduce” from Neutral, and cut his price target to $22 from $25, arguing that its valuation is expensive, that it faces increased competition for service provider dollars from #Cisco Systems (CSCO), whose shares he rates a Buy, and that it is threatened by the continual movement of companies to so-called software defined networking.

http://www.barrons.com/articles/BL-TB-51033