Deutsche Bank AG covered Juniper Networks, Inc. (NYSE:JNPR), reducing its target price to $21.00 today
- Updated: January 11, 2017
Juniper Networks, Inc. (NYSE:JNPR) had its stock price target reduced to $21.00 by Deutsche Bank AG in an issued report announced 1/10/2017. The bumped down target suggests a potential downside of -0.25% from the company's most recent stock price close.
Boasting a price of $27.85, Juniper Networks, Inc. (NYSE:JNPR) traded -1.94% lower on the day. With the last stock price close up 12.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the date range. Juniper Networks, Inc. has recorded a 50-day average of $27.95 and a two hundred day average of $24.70. Volume of trade was up over the average, with 4,789,981 shares of JNPR changing hands over the typical 4,365,510
With a total market value of $0, Juniper Networks, Inc. has price-earnings ratio of 18.04 with a 52 week low of $21.18 and a 52 week high of $29.21 .
In addition to Deutsche Bank AG reporting its stock price target, a total of 22 brokers have issued a research note on the company. The average stock price target is $26.40 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 23 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Juniper Networks, Inc. (NYSE:JNPR)
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 over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). It sells its high-performance network products and service offerings across routing, switching and security. Its products address network requirements for global service providers, cloud environments, enterprises, governments and research and public sector organizations. In addition to its products, the Company offers its customers across the world services, including technical support, professional services, education and training programs. Its Junos Platform enables its customers to expand network software into the application space, deploy software clients to control delivery. The Junos Platform includes a range of products, such as Junos OS, Junos Space and Contrail.
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