9.2 C
New York
Friday, April 26, 2024
HomeMarkets
Markets

Credit Suisse: Juniper Now Worth More, But We're Still Neutral

By Insider Scoop
0
9
psw-placeholder
psw-placeholder

Courtesy of Benzinga.

Related JNPR
Goldman's Top 25 Tactical Trades For Earnings Season
How These Former Cisco And Juniper Networks Engineers Could Change Mobile

In a report published Wednesday, Credit Suisse analysts reiterated their Neutral rating on Juniper Networks, Inc. (NYSE: JNPR). The price target has been raised from $21 to $23. The analysts expect the company to report its F1Q15 EPS and revenue in line with the consensus.

The analysts expect the weakness being witnessed by the company’s routing and security segments to continue through 1H2015 due to “slower ramp-up of new projects from US based service providers” and a decline in customer build outs, respectively.

Credit Suisse also expects Juniper Networks to witness tougher comps in Q2. However, some of the earnings pressure should be mitigated by the company’s opex discipline. For now, the company’s product pipeline is focused on high-IQ networking and Cloud building.

Latest Ratings for JNPR

Date Firm Action From To
Mar 2015 Goldman Sachs Upgrades Neutral Buy
Jan 2015 Deutsche Bank Maintains Hold
Jan 2015 Barclays Maintains Overweight

View More Analyst Ratings for JNPR
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Price Target Reiteration Analyst Ratings

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,316FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024
0
Would love your thoughts, please comment.x
()
x