Juniper (JNPR +5.6%) spikes higher after CEO Kevin Johnson states at a BofA/Merrill conference...

|About: Juniper Networks (JNPR)|By:, SA News Editor

Juniper (JNPR +5.6%) spikes higher after CEO Kevin Johnson states at a BofA/Merrill conference his company is seeing a pickup in carrier router spend. Though Juniper's enterprise security ops struggled in Q1, its service provider sales grew 4% Y/Y, thanks in large part to healthy core/edge router demand. Market leader Cisco (CSCO +0.9%) has moved higher in sympathy.