Jefferies Lowers Price Target On Juniper Networks (JNPR), Keeps Buy Rating

October 19, 2011 7:29 AM EDT
Get Alerts JNPR Hot Sheet
Price: $39.95 --0%

Rating Summary:
    16 Buy, 30 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies lowered estimates and its price target on Juniper Networks (NYSE: JNPR) from $34 to $27.50, but maintained its Buy rating, following in-line Q3 results.

Q4 EPS goes form $0.43 to $0.35, FY11 from $1.35 to $1.26 and FY12 from $1.70 to $1.55.

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

Shares of Juniper Networks closed at $21.41 yesterday.


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