Citi analyst Jim Suva raised the firm’s price target on Juniper (JNPR) to $35 from $30 and keeps a Neutral rating on the shares. Juniper’s results and outlook show the company is gaining share, the analyst tells investors in a research note. Citi believes the company is gaining share from Cisco (CSCO).
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on JNPR:
- JPMorgan networking equipment analyst to hold analyst/industry conference call
- Juniper raises quarterly dividend to 22c from 21c per share
- Juniper sees Q1 EPS 37c-47c, consensus 40c
- Juniper CFO says aiming to expand 2023 operating margin by at least 100bps
- Juniper reports preliminary Q4 EPS 65c, consensus 65c