Barclays Maintains Equal-Weight on Juniper Networks, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on Juniper Networks (NYSE:JNPR) but lowers the price target from $40 to $37.
November 01, 2024 | 5:44 pm
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Barclays has maintained its Equal-Weight rating on Juniper Networks but has lowered the price target from $40 to $37, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a less optimistic view on Juniper Networks' future performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
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