Shares of Juniper Networks Inc. (NYSE:JNPR) traded today at $30.32, eclipsing its 52-week high. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.
In the past 52 weeks, Juniper Networks Inc. share prices are bracketed by a low of $19.51 and a high of $30.32 and is now at $30.21, 55% above that low price.
Juniper Networks develops and sells switching, routing, security, related software products, and services for the networking industry. The company operates as one segment and its primary selling verticals are communication service providers, cloud, and enterprise. The California-based company was incorporated in 1996, employs over 9,000 individuals, and sells worldwide, with over half of its sales from the Americas region.
Potential upside of 23.0% exists for Juniper Networks Inc., based on a current level of $30.21 and analysts’ average consensus price target of $37.16.
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