Juniper Networks, Inc. Beat the Street, but Shares Plunged Anyway
Enterprise-grade network-equipment-builder Juniper Networks (NYSE: JNPR) reported preliminary second-quarter results on Tuesday night. It was a solid report, and management's guidance for the next quarter was right in line with Wall Street's current expectations.
Yet, Juniper shares closed Wednesday's trading session 6.3% lower. What's going on?
Metric
Source: Fool.com
Juniper Networks Inc. Stock
€34.84
-0.320%
Based on 2 Buy predictions and 1 Sell predictions the sentiment towards Juniper Networks Inc. is rather balanced.
However, we have a potential of -11.02% for Juniper Networks Inc. as the target price of 31 € is below the current price of 34.84 €.