Are Juniper Networks (NYSE:JNPR) Shares Worth Your Time and Dime Following Recent Barclays Downgrade?

January 18, 2018 - By Migdalia James

 Are Juniper Networks (NYSE:JNPR) Shares Worth Your Time and Dime Following Recent Barclays Downgrade?

Investors sentiment decreased to 1.33 in 2017 Q3. Its down 0.94, from 2.27 in 2017Q2. It fall, as 41 investors sold Juniper Networks, Inc. shares while 129 reduced holdings. 49 funds opened positions while 177 raised stakes. 330.80 million shares or 1.77% less from 336.77 million shares in 2017Q2 were reported.

Maverick Cap Limited reported 176,250 shares. Amalgamated Bancorporation reported 0.04% in Juniper Networks, Inc. (NYSE:JNPR). Bluecrest Mngmt Limited holds 8,961 shares. State Street Corporation holds 0.04% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 17.07 million shares. Pacific Heights Asset Mngmt Lc has 107,000 shares for 0.28% of their portfolio. Mason Street Advsr has 52,794 shares. Fisher Asset Limited Liability reported 0.01% stake. Regentatlantic Capital Ltd Co stated it has 0.07% in Juniper Networks, Inc. (NYSE:JNPR). Moreover, North Star Inv Mgmt Corp has 0% invested in Juniper Networks, Inc. (NYSE:JNPR) for 201 shares. Peak6 Investments Limited Partnership stated it has 2,671 shares or 0% of all its holdings. Highvista Strategies holds 20,000 shares. State Treasurer State Of Michigan has invested 0.03% in Juniper Networks, Inc. (NYSE:JNPR). Kentucky Retirement Insurance Fund reported 0.05% in Juniper Networks, Inc. (NYSE:JNPR). Retirement Sys Of Alabama reported 1.46 million shares stake. Moreover, Palisades Hudson Asset L P has 0.24% invested in Juniper Networks, Inc. (NYSE:JNPR) for 15,378 shares.

Since August 28, 2017, it had 0 insider buys, and 1 sale for $438,944 activity.

Juniper Networks (NYSE:JNPR) Receives a Downgrade

The Rating of Juniper Networks (NYSE:JNPR) shares have been downgraded by Barclays from a Equal-Weight rating to a Underweight rating in a research note sent to investors on Wednesday morning.

Investors sentiment decreased to 1.33 in 2017 Q3. Its down 0.94, from 2.27 in 2017Q2. It fall, as 41 investors sold Juniper Networks, Inc. shares while 129 reduced holdings. 49 funds opened positions while 177 raised stakes. 330.80 million shares or 1.77% less from 336.77 million shares in 2017Q2 were reported.

Maverick Cap Limited reported 176,250 shares. Amalgamated Bancorporation reported 0.04% in Juniper Networks, Inc. (NYSE:JNPR). Bluecrest Mngmt Limited holds 8,961 shares. State Street Corporation holds 0.04% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 17.07 million shares. Pacific Heights Asset Mngmt Lc has 107,000 shares for 0.28% of their portfolio. Mason Street Advsr has 52,794 shares. Fisher Asset Limited Liability reported 0.01% stake. Regentatlantic Capital Ltd Co stated it has 0.07% in Juniper Networks, Inc. (NYSE:JNPR). Moreover, North Star Inv Mgmt Corp has 0% invested in Juniper Networks, Inc. (NYSE:JNPR) for 201 shares. Peak6 Investments Limited Partnership stated it has 2,671 shares or 0% of all its holdings. Highvista Strategies holds 20,000 shares. State Treasurer State Of Michigan has invested 0.03% in Juniper Networks, Inc. (NYSE:JNPR). Kentucky Retirement Insurance Fund reported 0.05% in Juniper Networks, Inc. (NYSE:JNPR). Retirement Sys Of Alabama reported 1.46 million shares stake. Moreover, Palisades Hudson Asset L P has 0.24% invested in Juniper Networks, Inc. (NYSE:JNPR) for 15,378 shares.

Since August 28, 2017, it had 0 insider buys, and 1 sale for $438,944 activity.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Among 30 analysts covering Juniper Networks Inc. (NYSE:JNPR), 8 have Buy rating, 4 Sell and 18 Hold. Therefore 27% are positive. Juniper Networks Inc. has $3800 highest and $20.0 lowest target. $28.91’s average target is 0.84% above currents $28.67 stock price. Juniper Networks Inc. had 84 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, June 27 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Hold” rating by RBC Capital Markets on Tuesday, August 1. As per Monday, January 9, the company rating was downgraded by Bernstein. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Buy” rating by Standpoint Research on Monday, January 18. RBC Capital Markets maintained Juniper Networks, Inc. (NYSE:JNPR) on Wednesday, October 25 with “Hold” rating. The firm earned “Outperform” rating on Thursday, October 12 by BMO Capital Markets. As per Tuesday, January 5, the company rating was downgraded by Oppenheimer. Drexel Hamilton maintained it with “Buy” rating and $3800 target in Wednesday, July 26 report. The firm has “Neutral” rating given on Thursday, October 12 by UBS. On Friday, July 21 the stock rating was upgraded by Raymond James to “Outperform”.

The stock increased 0.21% or $0.06 during the last trading session, reaching $28.67. About 3.29M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since January 18, 2017 and is uptrending. It has outperformed by 15.31% the S&P500.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on January, 25. They expect $0.42 earnings per share, down 19.23 % or $0.10 from last year’s $0.52 per share. JNPR’s profit will be $157.47M for 17.07 P/E if the $0.42 EPS becomes a reality. After $0.47 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts -10.64 % negative EPS growth.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $10.75 billion. The firm offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It has a 17.17 P/E ratio. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

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