Juniper price target lowered to $33 from $41 at Needham

Needham analyst Alex Henderson lowered the firm’s price target on Juniper to $33 from $41 but keeps a Buy rating on the shares. The company’s Service Provider and Cloud segment performance disappointed with order push-outs and weak Orders, but the firm’s Buy rating reflects its conviction in the Enterprise sector, though it also requires Juniper to hold up in Service Provider and Cloud, the analyst tells investors in a research note.