MKM Partners Increases Juniper Networks Price Target to $30.00 (JNPR)
Investment analysts at MKM Partners boosted their price target on shares of Juniper Networks (NYSE:JNPR) from $26.00 to $30.00 in a note issued to investors on Tuesday, Analyst Ratings.Net reports. MKM Partners’ target price suggests a potential upside of 18.02% from the stock’s previous close.
Juniper Networks (NYSE:JNPR) traded up 0.39% during mid-day trading on Tuesday, hitting $25.42. 12,088,916 shares of the company’s stock traded hands. Juniper Networks has a 1-year low of $15.62 and a 1-year 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 P/E ratio of 34.08.
A number of other analysts have also recently weighed in on JNPR. Analysts at Oppenheimer upgraded shares of Juniper Networks to an “outperform” rating in a research note to investors on Tuesday. Separately, 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. Finally, 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. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Juniper Networks has an average rating of “Hold” and a consensus 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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