According to Surperformance rating, the company is an opportunity for a trading strategy. Indeed, it is a good compromise between its value and its visibility. Moreover, brokers have lately revised upward their revenues' estimates and count on EPS of USD 0.82 for this year. The global consensus aims for USD 22.2 as target price.
Currently, the stock is oversold and is trading, in the mid-term, in a bearish trend. In the short term, this trend is reversed upon contact with the USD 18.4 area. Juniper Networks should be able to confirm its increase in the next trading sessions. This support is a trading opportunity in order to anticipate a technical rebound towards USD 19.86 and by extension towards USD 21.
Thanks to the technical pattern and Juniper Networks' strong fundamentals, active investors can take a long position above USD 18.4. The downside potential is limited and the timing seems perfect to benefit from a technical rebound.
The goals will be fixed at USD 19.9 in a first time and then at USD 21.
However, a bearish trend would regain the upper hand if the security crosses USD 18.4.
Juniper Networks, Inc. is one of the world's leaders in designing and marketing ultra-high-speed Internet routing equipment. The group's products are primarily intended for telecommunication service providers, government organizations, educational institutions, and research centers. The group's activity is organized around 4 families of products and services:
- networking infrastructure products: high-performance routers and broadband connection equipment;
- network switching products: Ethernet switches, data center switches, etc.;
- IT security products and solutions : firewalls, VPN systems, security housings, intrusion detectors, etc. The group also offers application acceleration solutions.
- consulting, maintenance and training services.
Net sales break down by market into enterprises (46%), service providers (33.1%) and cloud operators (20.9%).
Products are manufactured by subcontractors.
Net sales break down geographically as follows: the United States (55.1%), the Americas (4.8%), Europe/Middle East/Africa (25.3%) and Asia/Pacific (14.8%).
JUNIPER NETWORKS, INC. 
