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Juniper Networks (NYSE:JNPR) was upgraded by equities researchers at William Blair from a “market perform” rating to an “outperform” rating in a research report issued on Friday, reports.

JNPR has been the subject of a number of other recent research reports. Analysts at FBR Capital Markets upgraded shares of Juniper Networks to a “market perform” rating in a research note to investors on Thursday. Finally, analysts at MKM Partners raised their price target on shares of Juniper Networks from $26.00 to $30.00 in a research note to investors on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Juniper Networks currently has an average rating of “Hold” and a consensus target price of $26.96.

Shares of Juniper Networks (NYSE:JNPR) traded up 6.57% on Friday, hitting $27.72. 38,447,200 shares of the company’s stock traded hands. Juniper Networks has a 1-year low of $15.62 and a 1-year high of $26.52. The stock’s 50-day moving average is $22.85 and its 200-day moving average is $20.90. The company has a market cap of $13.999 billion and a price-to-earnings ratio of 35.01.

Juniper Networks (NYSE:JNPR) last released its earnings data on Thursday, January 23rd. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.06. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, analysts predict that Juniper Networks will post $1.23 earnings per share for the current fiscal year.

Juniper Networks, Inc (NYSE:JNPR) designs, develops, and sells products and services that together provide its customers with network infrastructure.

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