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Juniper Networks, Inc. (JNPR) [hlAlert]

Rating:
Hold JNPR
down 20.68 %

Juniper Networks, Inc. (JNPR) downgraded to Hold by Needham

Posted on: Thursday,  Jun 7, 2012  8:25 AM ET by Needham

Needham rated Hold Juniper Networks, Inc. (NYSE: JNPR) on 06/07/2012. Previously Needham rated Buy Juniper Networks, Inc. (NYSE: JNPR) on 10/19/2011.,
when the stock price was $21.90. Since then, Juniper Networks, Inc. has lost 20.68% as of 06/07/2012's recent price of $17.37.
If you would have followed the previous Needham's recommendation on JNPR, you would have lost 20.68% of your investment in 232 days.

Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/7/2012 8:25 AM Hold
None
17.37
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -14.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2011 8:25 AM Buy
None
21.90 26.00
7/27/2011 8:25 AM Buy
None
24.89 34.00
8/19/2008 8:25 AM Hold
None
26.01

(*) Stock Price at the time of the recommendation.
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