Equities researchers at RBC Capital hoisted their target price on shares of Juniper Networks (NYSE:JNPR) from $24.00 to $26.00 in a research report issued on Wednesday, AnalystRatingsNetwork reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price suggests a potential upside of 36.48% from the stock’s previous close.
Shares of Juniper Networks (NYSE:JNPR) opened at 19.05 on Wednesday. Juniper Networks has a one year low of $15.62 and a one year high of $22.98. The stock has a 50-day moving average of $20.72 and a 200-day moving average of $19.21. The company has a market cap of $9.655 billion and a price-to-earnings ratio of 35.10.
JNPR has been the subject of a number of other recent research reports. Analysts at FBN Securities raised their price target on shares of Juniper Networks from $21.00 to $22.00 in a research note to investors on Wednesday. They now have a “sector perform” rating on the stock. Separately, analysts at Evercore Partners raised their price target on shares of Juniper Networks from $22.00 to $23.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of Juniper Networks from $20.00 to $23.00 in a research note to investors on Wednesday. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $22.00.
Juniper Networks, Inc designs, develops and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.
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