Brokerage Firm Rating Update on Juniper Networks (JNPR)

Juniper Networks (JNPR) : 17 analysts are covering Juniper Networks (JNPR) and their average rating on the stock is 2.65, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 14 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Juniper Networks (JNPR) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $36 and the lowest price target forecast is $22. The average forecast of all the analysts is $26.73 and the expected standard deviation is $3.61.


Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains their rating on the shares of Juniper Networks (NYSE:JNPR). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $27 per share from $24 per share. The rating by the firm was issued on July 27, 2016.

Juniper Networks (NYSE:JNPR): stock was range-bound between the intraday low of $23.31 and the intraday high of $23.575 after having opened at $23.42 on Wednesdays session. The stock finally closed in the red at $23.42, a loss of -0.13%. The stock remained in the red for the whole trading day. The total traded volume was 2,161,284 shares. The stock failed to cross $23.575 in Wednesdays trading. The stocks closing price on Thursday was $23.44.

Juniper Networks, Inc. designs, develops, and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in more than 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Company sells its network products and service offerings across routing, switching and security. In addition to its products, the Company offers its customers worldwide services, including technical support, professional services, education and training programs. The Companys routing products include ACX Series, MX Series, M Series, PTX Series and T Series. Its switching products include EX Series and QFX Series. The Companys security products include SRX Series Services Gateways for the data center and SRX Series Gateways for the campus and branch. Its Junos Platform includes a range of products, such as Junos OS, Junos Space and Contrail.

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