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Juniper (JNPR +4.3%) gives back the majority of its early gains as analysts prove skeptical that...
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Thursday, October 18, 2012, 12:33 PM ETJuniper (JNPR +4.3%) gives back the majority of its early gains as analysts prove skeptical that EMC would consider buying the company, as is suggested by a rumor. Cantor, UBS, Goldman, and Oppenheimer all consider an EMC-Juniper unlikely, though Oppenehimer thinks Ericsson or a P-E firm could be interested. Also, a source tells Reuters Juniper hasn't hired an i-bank to facilitate a purchase, contradicting the rumor.
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