Neutral Rating For Juniper Networks Inc (NYSE:JNPR)

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Dallas, Texas 12/25/2013 (FINANCIALSTRENDS) – Zacks analysts reiterated their “neutral” rating on Juniper Networks, Inc (NYSE:JNPR) on Friday and have currently set a PT of $22.00 on the stock. This price-objective would indicate a potential-upside of 1.48% from the Juniper Networks, Inc (NYSE:JNPR) stock’s previous close. Numerous other analysts have recently weighed on the Juniper Networks, Inc (NYSE:JNPR) stock. Argus analysts reiterated their “positive” rating on Juniper Networks, Inc (NYSE:JNPR) shares on Wednesday, 18 December 18th and currently have set a PT of $20.96 on the stock, which is a dip from the previous $28.00. Citigroup Inc. analysts initiated coverage on Juniper Networks, Inc (NYSE:JNPR) shares on Tuesday, 10 December 10th and have assigned a “neutral” rating on the company’s stock.

Mizuho analysts initiated coverage on Juniper Networks, Inc (NYSE:JNPR) shares on Tuesday, 10 December and have assigned a “buy” rating on the company’s stock with a PT of $28.00. Three research-analysts have rated the Juniper Networks, Inc (NYSE:JNPR) stock with a “sell “rating, 15 have assigned a “hold” rating and 8 have assigned a “buy” rating to the Juniper Networks, Inc (NYSE:JNPR) stock. Currently the average rating on the Juniper Networks, Inc (NYSE:JNPR) stock is a “Hold” and the average PT is $21.55.

Tuesday’s trading

Juniper Networks, Inc. (Juniper Networks) is involved in the design, development, and sale of products and services that together provide its customers with network infrastructure. In the trading session on Tuesday there was a rise of 0.60% in Juniper Networks, Inc (NYSE:JNPR).. The shares opened at $21.47, climbed to an intraday high of $21.89 and closed at $21.81. Close to 2.73M shares were traded on Tuesday and the average volume of 9.12M shares got traded over a period of 30 days. The 52-week low of Juniper Networks, Inc (NYSE:JNPR) shares is $15.62 while the 52-week high stands at $22.98. The company has a market capitalization of $11.01 billion.

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