Analyst Considers Downside in Juniper, Believes Recent Shelf Offering More Concerning Than FCPA Probe
August 09, 2013 at 13:36 PM EDT
Shares of Juniper Networks (NYSE: JNPR ) have tumbled 5 percent after the company disclosed that it's currently facing an investigation under the Foreign Corrupt Practices Act. Since the fines typically associated with these cases are not overly punitive, MKM Partners' Michael Genovese believes the drop in share price may