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Juniper price target lowered to $28 from $34 at UBS

UBS analyst David Vogt lowered the firm’s price target on Juniper to $28 from $34 and keeps a Neutral rating on the shares. While the firm thinks it is “highly likely” that the first half of 2024 will represent the revenue trough, it still sees “choppy” quarters ahead, the analyst tells investors in a post-earnings note.

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