In a report released today, Thomas Blakey from KeyBanc maintained a Hold rating on Juniper Networks (JNPR – Research Report). The company’s shares closed yesterday at $34.95.
Blakey covers the Technology sector, focusing on stocks such as Pure Storage, Cisco Systems, and Juniper Networks. According to TipRanks, Blakey has an average return of 6.6% and a 51.79% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Juniper Networks with a $40.00 average price target.
The company has a one-year high of $37.81 and a one-year low of $24.53. Currently, Juniper Networks has an average volume of 3.67M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JNPR in relation to earlier this year.
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Juniper Networks (JNPR) Company Description:
Juniper Networks, Inc. engages in the design, development, and sale of products and services for high-performance networks. Its products address network requirements for global service provides, cloud providers, national governments, research and public sector organizations, and other enterprises. The company was founded by Pradeep S. Sindhu on February 6, 1996 and is headquartered in Sunnyvale, CA.
