Shares of Juniper Networks Inc. (NYSE:JNPR) traded today at $29.11, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 3.2 million shares traded hands, while the average 30-day volume is approximately 3.2 million shares.
Juniper Networks Inc. share prices have moved between a 52-week high of $29.11 and a 52-week low of $19.51 and are now trading 48% above that low price at $28.85 per share.
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.
There is potential upside of 23.8% for shares of Juniper Networks Inc. based on a current price of $28.85 and an average consensus analyst price target of $35.72.
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