Juniper Networks Stock Rating Upgraded by Oppenheimer (JNPR)
Juniper Networks (NYSE:JNPR) was upgraded by Oppenheimer to an “outperform” rating in a research note issued on Tuesday, American Banking & Market News reports.
Several other analysts have also recently commented on the stock. Analysts at Evercore Partners raised their price target on shares of Juniper Networks from $23.00 to $25.00 in a research note to investors on Tuesday. Separately, 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. Finally, 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. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Juniper Networks has a consensus rating of “Hold” and an average price target of $22.76.
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 has a 50-day moving average of $21.69 and a 200-day moving average of $20.59. The company has a market cap of $12.837 billion and a price-to-earnings ratio of 34.08.
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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