In a report released today, Michael Genovese from Rosenblatt Securities maintained a Hold rating on Juniper Networks (JNPR – Research Report), with a price target of $32.00. The company’s shares closed today at $27.44.
According to TipRanks, Genovese is a 5-star analyst with an average return of 9.6% and a 54.22% success rate. Genovese covers the Technology sector, focusing on stocks such as Infinera, Calix, and Extreme Networks.
In addition to Rosenblatt Securities, Juniper Networks also received a Hold from Piper Sandler’s James Fish in a report issued today. However, on October 12, J.P. Morgan maintained a Buy rating on Juniper Networks (NYSE: JNPR).
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JNPR market cap is currently $8.58B and has a P/E ratio of 22.51.
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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.
