Juniper Networks (JNPR) Receives a Rating Update from a Top Analyst

In a report released today, Alex Henderson from Needham reiterated a Buy rating on Juniper Networks (JNPRResearch Report), with a price target of $38.00. The company’s shares closed yesterday at $28.97.

According to TipRanks, Henderson is a top 100 analyst with an average return of 20.8% and a 61.14% success rate. Henderson covers the Technology sector, focusing on stocks such as Ceragon Networks, Zscaler, and Extreme Networks.

Juniper Networks has an analyst consensus of Moderate Buy, with a price target consensus of $33.57.

See today’s best-performing stocks on TipRanks >>

Based on Juniper Networks’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.27 billion and a net profit of $113.4 million. In comparison, last year the company earned a revenue of $1.17 billion and had a net profit of $62 million

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.

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.

Read More on JNPR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More