Juniper Networks (JNPR) : Analyst Rating Update

Juniper Networks (JNPR) : 5 brokerage houses believe that Juniper Networks (JNPR) is a Strong Buy at current levels. 14 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Juniper Networks (JNPR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 19 Wall Street Analysts endorse the stock as a Buy with a rating of 2.47.

Juniper Networks (JNPR) : The highest short term price target forecast on Juniper Networks (JNPR) is $36 and the lowest target price is $23. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $27.82 with a standard deviation of $4.14.

Juniper Networks (NYSE:JNPR): The stock opened at $21.62 on Wednesday but the bulls could not build on the opening and the stock topped out at $21.97 for the day. The stock traded down to $21.18 during the day, due to lack of any buying support eventually closed down at $21.92 with a loss of -0.68% for the day. The stock had closed at $22.07 on the previous day. The total traded volume was 3,816,201 shares.

Also, William Blair downgrades its view on Juniper Networks (NYSE:JNPR) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on May 23, 2016. The company shares have dropped -13.82% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $32.39 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $22.87 and the 200 Day Moving Average price is recorded at $24.30.

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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