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
€31.70
-0.750%
With 2 Buy predictions and 1 Sell predictions the community is currently undecided on Juniper Networks Inc..
On the other hand, the target price of 31 € is below the current price of 31.7 € for Juniper Networks Inc., so the potential is actually -2.21%.