Barclays Maintains Overweight on Juniper Networks, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Overweight rating on Juniper Networks (NYSE:JNPR) but lowered the price target from $40 to $38.
July 28, 2023 | 10:21 am
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Juniper Networks' price target has been lowered by Barclays from $40 to $38, though the Overweight rating is maintained.
The news directly pertains to Juniper Networks as Barclays has lowered its price target for the company. However, the Overweight rating is maintained, indicating that Barclays still sees potential in the stock. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the continued positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100