Oppenheimer Releases a Buy Rating on Juniper Networks (JNPR)


Oppenheimer analyst George Iwanyc assigned a Buy rating to Juniper Networks (JNPR) yesterday and set a price target of $28.00. The company’s shares closed last Tuesday at $21.85.

According to TipRanks.com, Iwanyc is a 3-star analyst with an average return of 7.8% and a 37.7% success rate. Iwanyc covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Ceragon Networks, and Cambium Networks.

Juniper Networks has an analyst consensus of Hold, with a price target consensus of $24.56, which is a 13.2% upside from current levels. In a report issued on October 19, Raymond James also maintained a Buy rating on the stock.

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The company has a one-year high of $26.49 and a one-year low of $15.20. Currently, Juniper Networks has an average volume of 3.08M.

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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. The company was founded by Pradeep S. Sindhu on February 6, 1996 and is headquartered in Sunnyvale, CA.

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