BMO Capital analyst Tim Long maintained a Hold rating on Juniper Networks (JNPR) yesterday and set a price target of $27. The company’s shares closed on Friday at $29.12.
According to TipRanks.com, Long is a top 100 analyst with an average return of 20.2% and a 67.5% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Hewlett Packard Enterprise, and Motorola Solutions.
The word on The Street in general, suggests a Hold analyst consensus rating for Juniper Networks with a $27.50 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 41 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.
