.png "Juniper Networks (JNPR) Gets a Buy Rating from Oppenheimer")
In a report released today, George Iwanyc from Oppenheimer assigned a Buy rating to Juniper Networks (JNPR), with a price target of $28.00. The company’s shares closed last Friday at $25.25.
According to TipRanks.com, Iwanyc is a 5-star analyst with an average return of 41.6% and a 60.3% success rate. Iwanyc covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Ceragon Networks, and Pure Storage.
Currently, the analyst consensus on Juniper Networks is a Moderate Buy with an average price target of $27.63, which is a 7.5% upside from current levels. In a report issued on February 1, Goldman Sachs also maintained a Buy rating on the stock with a $31.00 price target.
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Juniper Networks’ market cap is currently $8.33B and has a P/E ratio of 33.20. The company has a Price to Book ratio of 13.71.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JNPR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. The company was founded by Pradeep S. Sindhu on February 6, 1996 and is headquartered in Sunnyvale, CA.
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