Juniper Networks (JNPR) : 3 brokerage houses believe that Juniper Networks (JNPR) is a Strong Buy at current levels. 14 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Juniper Networks (JNPR). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.65.
Juniper Networks (JNPR) stock is expected to deviate a maximum of $3.61 from the average target price of $26.73 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $22.
Also, Citigroup maintains its rating on Juniper Networks (NYSE:JNPR). The global brokerage major raises the current price target from $24 per share to $27 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on July 27, 2016.
Juniper Networks (NYSE:JNPR): After opening at $22.6, the stock dipped to an intraday low of $22.6 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $23.02 and the buying power remained strong till the end. The stock closed at $23.01 for the day, a gain of 1.54% for the day session. The total traded volume was 2,907,592. The stocks close on the previous trading day was $22.66.
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.