Juniper Networks (JNPR) - Get Juniper Networks, Inc. (JNPR) Report was up 9.9% in preopen Island trading. After Tuesday's close, the company posted fourth-quarter earnings of 24 cents per share before items vs. the First Call/Thomson Financialestimate of 18 cents and the year-ago earnings of a penny a share. Juniper boosted its 2001 revenue target to between $1.5 billion and $1.6 billion, from its earlier forecast of $1.3 billion to $1.4 billion. For the year just ended, Juniper reported revenue of $674 million.

TheStreet Recommends