Juniper Stock Rises On Upgrade; Cloud Marketing Focus Paying Off

Juniper Networks (JNPR) has diversified its revenue base thanks to its marketing focus on cloud-computing customers, says BMO Capital Markets, which upgraded the maker of computer networking gear to outperform.

BMO analyst Tim Long raised his price target on the rival of Cisco Systems (CSCO) to 34 from 31. Juniper Networks stock rose 2% to 29.05 in morning trading on the stock market today. With Monday's gain, Juniper Networks stock neared its 50-day moving average.

"The cloud vertical is...

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