In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Hold rating on Juniper Networks (JNPR – Research Report), with a price target of $40.00.
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Aaron Rakers has given his Hold rating due to a combination of factors including Juniper Networks’ recent financial performance and market conditions. The company’s reported results were largely in line with expectations, showing steady growth in cloud orders and maintaining healthy visibility into the upcoming quarter. However, there are concerns regarding product gross margins, which are impacted by tariff issues, leading to slightly conservative earnings estimates for 2025 compared to consensus.
Additionally, while Juniper’s revenue from various segments such as cloud and enterprise showed year-over-year growth, there were sequential declines in some areas like data centers and security. The company’s valuation is also closely aligned with Hewlett Packard Enterprise’s acquisition offer, which suggests limited upside potential. These elements combined suggest a balanced outlook, justifying a Hold rating as the stock’s performance may not significantly outperform the market in the near term.
JNPR’s price has also changed slightly for the past six months – from $39.000 to $36.350, which is a -6.79% drop .