Morgan Stanley Maintains Underweight on Juniper Networks, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has maintained an 'Underweight' rating on Juniper Networks (NYSE:JNPR) and lowered the price target from $28 to $27.
October 27, 2023 | 1:23 pm
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Morgan Stanley has maintained an 'Underweight' rating on Juniper Networks and lowered the price target from $28 to $27.
The 'Underweight' rating maintained by Morgan Stanley indicates a negative outlook for Juniper Networks. The lowering of the price target from $28 to $27 further suggests that the analyst believes the stock is overvalued at current levels. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100