Price Target Update on Juniper Networks (NYSE: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.

Other Equity analysts have also commented on the company shares. In a research note released to the investors, William Blair downgrades its rating on Juniper Networks (NYSE:JNPR).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on May 23, 2016.

Juniper Networks (NYSE:JNPR): stock turned positive on Thursday. Though the stock opened at $23.22, the bulls momentum made the stock top out at $24.05 level for the day. The stock recorded a low of $23.14 and closed the trading day at $24.04, in the green by 4.48%. The total traded volume for the day was 3,302,611. The stock had closed at $23.01 in the previous days trading.

The company shares have dropped -14.65% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $32.39 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $22.97 and the 200 Day Moving Average price is recorded at $24.77. On the companys insider trading activities,The officer (Corp VP Corp Controller & CAO) of Juniper Networks Inc, Spidell Terrance F sold 2,555 shares at $23.56 on April 26, 2016. The Insider selling transaction had a total value worth of $60,196. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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