Credit Suisse Remains a Sell on Juniper Networks (JNPR)

Credit Suisse analyst Sami Badri maintained a Sell rating on Juniper Networks (JNPR) yesterday and set a price target of $21. The company’s shares closed yesterday at $28.14.

According to TipRanks.com, Badri is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -10.6% and a 32.1% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and Arista Networks.

The word on The Street in general, suggests a Hold analyst consensus rating for Juniper Networks with a $27.85 average price target.

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Based on Juniper Networks’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $224 million. In comparison, last year the company had a net profit of $166 million.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock.

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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.