Stifel Resumes Juniper Networks (JNPR) at Buy

November 17, 2016 5:20 PM EST
Get Alerts JNPR Hot Sheet
Price: $26.83 -0.56%

Rating Summary:
    16 Buy, 33 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 31 | New: 42
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Stifel resumes coverage on Juniper Networks (NYSE: JNPR) with a Buy rating and a price target of $33.00.

Analyst Aaron Rakers notes Juniper shares trade at nearly two standard deviations below five year historical EV/EBIT median multiple (~6.2x). They are positive on the company's product cycle story.

For an analyst ratings summary and ratings history on Juniper Networks click here. For more ratings news on Juniper Networks click here.

Shares of Juniper Networks closed at $26.24 yesterday.

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