Rosenblatt Maintains Neutral on Juniper Networks, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has maintained a Neutral rating on Juniper Networks (NYSE:JNPR) but increased the price target from $31 to $40.
January 10, 2024 | 12:47 pm
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Rosenblatt analyst Mike Genovese maintains a Neutral stance on Juniper Networks but raises the price target from $31 to $40.
The increase in price target from $31 to $40 by Rosenblatt suggests a positive outlook on Juniper Networks' valuation, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at the current level, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100