Juniper Networks PT Raised to $22.00 at FBN Securities (JNPR)
Investment analysts at FBN Securities increased their target price on shares of Juniper Networks (NYSE:JNPR) from $21.00 to $22.00 in a note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “sector perform” rating on the stock. FBN Securities’ price target suggests a potential upside of 17.65% from the company’s current price.
A number of other firms have also recently commented on JNPR. Analysts at Evercore Partners raised their price target on shares of Juniper Networks from $22.00 to $23.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Separately, analysts at Cowen and Company raised their price target on shares of Juniper Networks from $20.00 to $23.00 in a research note to investors on Wednesday. Finally, analysts at MKM Partners raised their price target on shares of Juniper Networks from $24.00 to $26.00 in a research note to investors on Wednesday, October 16th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target 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’s 50-day moving average is $20.72 and its 200-day moving average is $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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