Juniper Networks (NASDAQ:JNPR) had its target price lifted by MKM Partners from $23.00 to $24.00 in a research note released on Thursday morning, Analyst Ratings Network.com reports. They currently have a neutral rating on the stock.
Shares of Juniper Networks (NASDAQ:JNPR) opened at 21.02 on Thursday. Juniper Networks has a one year low of $15.62 and a one year high of $22.98. The stock’s 50-day moving average is $20.72 and its 200-day moving average is $19.21. The company has a market cap of $10.654 billion and a price-to-earnings ratio of 36.24.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Juniper Networks (NASDAQ:JNPR) in a research note to investors on Thursday, August 22nd. They now have a $21.00 price target on the stock. Separately, analysts at RBC Capital downgraded shares of Juniper Networks (NASDAQ:JNPR) from an outperform rating to a sector perform rating in a research note to investors on Monday, August 12th. They now have a $24.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at BMO Capital Markets reiterated a hold rating on shares of Juniper Networks (NASDAQ:JNPR) in a research note to investors on Wednesday, July 24th. They now have a $10.97 price target on the stock.
Three investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $20.76.
Juniper Networks, Inc (NASDAQ:JNPR) designs, develops, and sells products and services that together provide its customers with network infrastructure.