Market Overview

UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Juniper Networks

Share:
Related JNPR
The Market In 5 Minutes: Donald Trump Is TIME's Person Of The Year
Benzinga's Top Upgrades
Coupa Software Earnings, Guidance Top Wall Street Expectations (Investor's Business Daily)

In a report published Friday, Jefferies reiterated its Buy rating on Juniper Networks (NYSE: JNPR), and raised its price target from $21.00 to $25.00.

Jefferies noted, “Juniper's Q4 results were better-than-expected, particularly in light of the poor performance from APAC and U.S. Federal sales. March quarter guidance was a little light on revenue and in-line with expectations on EPS. We're not concerned as we believe the organization has established a pattern of providing overly conservative projections – Q1 will be the fifth quarter in a row in this regard.”

Juniper Networks closed on Thursday at $21.50.

Latest Ratings for JNPR

DateFirmActionFromTo
Dec 2016Credit SuisseUpgradesNeutralOutperform
Nov 2016Goldman SachsMaintainsBuy
Nov 2016Morgan StanleyDowngradesEqual-WeightUnderweight

View More Analyst Ratings for JNPR
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

 

Related Articles (JNPR)

View Comments and Join the Discussion!