This morning, Credit Suisse lowered its price target on shares of Juniper (NYSE:JNPR) to $25 following disappointing guidance from management. With a slower growth outlook, Credit Suisse reduced its earnings estimates and maintained its neutral rating.
Shares of JNPR were lower on the news, falling 0.5% today.
And Jefferies lowered its EPS estimates on shares of Steel Dynamics (NASDAQ:STLD) through 2012 as lighter demand for steel products will impact earnings. In the report, Jefferies maintained its buy rating and set a new $16 price target.
Shares of Steel Dynamics were lower today, falling 0.8%.
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