Juniper Networks (JNPR) Receives Price Target

Juniper Networks (JNPR) : The highest level Juniper Networks (JNPR) is projected to reach is $36 for the short term and the lowest estimate is at $22. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $26.73 and the possibility the share price can swing is $3.61.

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.


Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Juniper Networks (NYSE:JNPR). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $24 per share to $27 per share. The rating by the firm was issued on July 27, 2016.

Juniper Networks (NYSE:JNPR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.14 and $23.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.31, notching a gain of 1.00% for the day. The total traded volume was 2,431,066 . The stock had closed at $23.08 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.