Juniper Networks Price Target Increased to $25.00 by Analysts at Evercore Partners (JNPR)
Investment analysts at Evercore Partners raised their price target on shares of Juniper Networks (NYSE:JNPR) from $23.00 to $25.00 in a note issued to investors on Tuesday, Analyst RN reports. Evercore Partners’ price objective points to a potential downside of 1.65% from the company’s current price.
Juniper Networks (NYSE:JNPR) traded up 0.39% on Tuesday, hitting $25.42. The stock had a trading volume of 12,088,916 shares. Juniper Networks has a 52-week low of $15.62 and a 52-week high of $25.96. The stock’s 50-day moving average is $21.69 and its 200-day moving average is $20.59. The company has a market cap of $12.837 billion and a P/E ratio of 34.08.
A number of other firms have also recently commented on JNPR. Analysts at Cantor Fitzgerald raised their price target on shares of Juniper Networks from $26.00 to $30.50 in a research note to investors on Tuesday. Separately, analysts at Wedbush raised their price target on shares of Juniper Networks from $20.00 to $21.00 in a research note to investors on Wednesday, October 23rd. They now have a “neutral” rating on the stock. Finally, 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, October 23rd. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $22.76.
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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