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

July 27, 2011 11:50 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: 22 | New: 8
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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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