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Analysts Are Bullish on These Technology Stocks: Juniper Networks (JNPR), Plexus (PLXS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Juniper Networks (JNPRResearch Report) and Plexus (PLXSResearch Report) with bullish sentiments.

Juniper Networks (JNPR)

In a report released today, Alex Henderson from Needham reiterated a Buy rating on Juniper Networks, with a price target of $38.00. The company’s shares closed last Tuesday at $28.07, close to its 52-week low of $26.12.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 18.4% and a 53.7% success rate. Henderson covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, CyberArk Software, and Ceragon Networks.

Currently, the analyst consensus on Juniper Networks is a Hold with an average price target of $33.88, which is a 19.2% upside from current levels. In a report issued on July 14, J.P. Morgan also upgraded the stock to Buy with a $36.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Plexus (PLXS)

Plexus received a Buy rating and a $98.00 price target from Benchmark Co. analyst David Williams today. The company’s shares closed last Tuesday at $85.81.

According to TipRanks.com, Williams is a 5-star analyst with an average return of 13.3% and a 57.3% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Rigetti Computing.

Plexus has an analyst consensus of Strong Buy, with a price target consensus of $93.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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