Short Term Price Target on Juniper Networks (JNPR)

Juniper Networks (NYSE:JNPR) : The highest short term price target forecast on Juniper Networks (NYSE:JNPR) is $36 and the lowest target price is $23. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $27.82 with a standard deviation of $4.14.

Juniper Networks, Inc. has lost 6.45% in the last five trading days and dropped 3.19% in the last 4 weeks. Juniper Networks, Inc. has dropped 11.63% during the last 3-month period . Year-to-Date the stock performance stands at -17.83%. Also, William Blair downgrades its rating on Juniper Networks (NYSE:JNPR). Analysts at the William Blair have a current rating of Market Perform on the shares. The shares were previously rated Outperform. The rating by the firm was issued on May 23, 2016.

Juniper Networks (NYSE:JNPR) has an average broker rating of 2.47, which is interpreted as a Buy, as rated by 19 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 14 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Juniper Networks (NYSE:JNPR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.22 and $21.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.49, notching a gain of 1.90% for the day. The total traded volume was 2,784,364 . The stock had closed at $22.07 on the previous day.

Juniper Networks, Inc. designs, develops, and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in more than 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Company sells its network products and service offerings across routing, switching and security. In addition to its products, the Company offers its customers worldwide services, including technical support, professional services, education and training programs. The Companys routing products include ACX Series, MX Series, M Series, PTX Series and T Series. Its switching products include EX Series and QFX Series. The Companys security products include SRX Series Services Gateways for the data center and SRX Series Gateways for the campus and branch. Its Junos Platform includes a range of products, such as Junos OS, Junos Space and Contrail.

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