Needham Maintains Buy on Juniper Networks, Lowers Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson maintains a 'Buy' rating on Juniper Networks (NYSE:JNPR) but has lowered the price target from $41 to $33.
July 28, 2023 | 10:24 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Juniper Networks' price target has been lowered from $41 to $33 by Needham, though the 'Buy' rating is maintained.
The lowering of the price target by Needham could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100