MKM Downgrades Juniper Networks (JNPR) to Neutral, Cuts Target to $30

July 27, 2011 11:50 AM EDT Send to a Friend
Get Alerts JNPR Hot Sheet
Price: $19.01 -0.63%

Rating Summary:
    14 Buy, 22 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 21
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An analyst at MKM Partners downgraded shares of Juniper Networks (NYSE: JNPR) from Buy to Neutral following a disappointing FY11 guidance Tuesday afternoon. The firm reduced its price target from $39 to $30.

Juniper shares have plummeted more than 19 percent Wednesday morning.

For more ratings news on Juniper Networks click here and for the rating history of Juniper Networks click here.


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