Juniper Networks (JNPR) has risen sharply, recording gains of 2.6% in the past 4 weeks. However, the stock has corrected -0.39% in the past 1 week, providing a good buying opportunity on dips. Juniper Networks (JNPR) : Traders are bullish on Juniper Networks (JNPR) as it has outperformed the S&P 500 by a wide margin of 2.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.27%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.78% and the fifty day Moving Average is 1.37%. Juniper Networks, Inc. is up 1.09% in the last three month period. Year-to-Date the stock performance stands at -14.94%.
Juniper Networks (JNPR) stock is expected to deviate a maximum of $3.61 from the average target price of $26.73 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $22.
Juniper Networks (NYSE:JNPR): On Fridays trading session , Opening price of the stock was $23.42 with an intraday high of $23.62. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.135. However, the stock managed to close at $23.28, a loss of 0.51% for the day. On the previous day, the stock had closed at $23.4. The total traded volume of the day was 2,648,718 shares.
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.