Juniper Networks PT Raised to $21.00 (JNPR)
Analysts at Wedbush hoisted their price target on shares of Juniper Networks (NYSE:JNPR) from $20.00 to $21.00 in a research report issued to clients and investors on Wednesday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. Wedbush’s price objective would indicate a potential upside of 12.30% from the stock’s previous close.
JNPR has been the subject of a number of other recent research reports. Analysts at UBS AG raised their price target on shares of Juniper Networks from $25.00 to $26.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Juniper Networks from $24.00 to $26.00 in a research note to investors on Wednesday. They now have a “sector perform” rating on the stock. Finally, analysts at FBN Securities raised their price target on shares of Juniper Networks from $21.00 to $22.00 in a research note to investors on Wednesday. They now have a “sector perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $22.00.
Juniper Networks (NYSE:JNPR) traded up 0.59% on Wednesday, hitting $18.70. The stock had a trading volume of 8,565,116 shares. Juniper Networks has a 1-year low of $15.62 and a 1-year high of $22.98. The stock has a 50-day moving average of $20.72 and a 200-day moving average of $19.21. The company has a market cap of $9.478 billion and a P/E ratio of 32.05.
Juniper Networks, Inc designs, develops and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.
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