Shares of Juno Lighting LLC (NASDAQ:JUNO) have received an average rating of “Buy” from the seventeen ratings firms that are presently covering the company. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $49.77.

Several research analysts recently weighed in on JUNO shares. Maxim Group cut their target price on shares of Juno Lighting from $80.00 to $50.00 and set a “buy” rating for the company in a research note on Friday, August 5th. Leerink Swann reissued a “buy” rating and issued a $86.00 target price on shares of Juno Lighting in a research note on Thursday, July 14th. Vetr downgraded shares of Juno Lighting from a “strong-buy” rating to a “buy” rating and set a $53.00 target price for the company. in a research note on Monday, June 6th. FBR & Co reissued a “buy” rating on shares of Juno Lighting in a research note on Monday, June 6th. Finally, BTIG Research started coverage on shares of Juno Lighting in a research note on Tuesday, August 30th. They issued a “sell” rating and a $23.00 target price for the company.

In other Juno Lighting news, CEO Hans Edgar Bishop sold 23,042 shares of the company’s stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of $30.06, for a total value of $692,642.52. Following the completion of the transaction, the chief executive officer now owns 2,541,151 shares in the company, valued at approximately $76,386,999.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Klausner sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, June 24th. The stock was sold at an average price of $40.71, for a total value of $488,520.00. Following the completion of the transaction, the director now owns 846,799 shares of the company’s stock, valued at approximately $34,473,187.29. The disclosure for this sale can be found here.

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Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Juno Lighting by 14.8% in the second quarter. Vanguard Group Inc. now owns 5,471,650 shares of the biopharmaceutical company’s stock worth $210,331,000 after buying an additional 707,140 shares in the last quarter. BlackRock Fund Advisors raised its position in shares of Juno Lighting by 29.5% in the second quarter. BlackRock Fund Advisors now owns 1,964,403 shares of the biopharmaceutical company’s stock worth $75,512,000 after buying an additional 446,978 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Juno Lighting by 40.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,663,180 shares of the biopharmaceutical company’s stock worth $63,933,000 after buying an additional 475,709 shares during the last quarter. State Street Corp raised its position in shares of Juno Lighting by 36.1% in the second quarter. State Street Corp now owns 1,658,792 shares of the biopharmaceutical company’s stock worth $63,764,000 after buying an additional 440,324 shares during the last quarter. Finally, Lord Abbett & CO. LLC raised its position in shares of Juno Lighting by 222.9% in the second quarter. Lord Abbett & CO. LLC now owns 688,876 shares of the biopharmaceutical company’s stock worth $26,480,000 after buying an additional 475,553 shares during the last quarter.

Shares of Juno Lighting (NASDAQ:JUNO) traded up 2.09% on Tuesday, reaching $29.80. 580,735 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $31.11 and its 200-day moving average price is $37.04. The stock’s market capitalization is $3.03 billion. Juno Lighting has a 52 week low of $22.37 and a 52 week high of $57.82.

Juno Lighting (NASDAQ:JUNO) last announced its earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.41) by $0.23. The company had revenue of $27.60 million for the quarter, compared to analysts’ expectations of $14.26 million. During the same period last year, the firm earned ($0.35) earnings per share. The company’s revenue was up 121.5% compared to the same quarter last year. Equities analysts predict that Juno Lighting will post ($2.48) EPS for the current year.

About Juno Lighting

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