Headwinds position Juniper Networks’ (JNPR) for downside earnings risk and pullback in valuation multiple, notes a JPMorgan analyst. The analyst remains optimistic about JNPR’s growth opportunity in the enterprise. JPMorgan downgraded JNPR to neutral from overweight and lowered its price target to $29 from $32. George Tsilis discusses JNPR and compares it to other networking stocks including CSCO, ANET, and MRVL. Tune in to find out more about the stock market today.
Next Gen Investing
10 Oct 2023
SHARE