Analysts Offer Insights on Technology Companies: Atlassian (TEAM) and Juniper Networks (JNPR)
Analysts have been eager to weigh in on the Technology sector with new ratings on Atlassian (TEAM – Research Report) and Juniper Networks (JNPR – Research Report).
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Atlassian (TEAM)
In a report issued on May 2, Raimo Lenschow from Barclays maintained a Buy rating on Atlassian, with a price target of $260.00. The company’s shares closed last Friday at $208.48.
According to TipRanks.com, Lenschow is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlassian with a $271.53 average price target, which is a 32.6% upside from current levels. In a report issued on April 22, Oppenheimer also maintained a Buy rating on the stock with a $325.00 price target.
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Juniper Networks (JNPR)
In a report issued on May 2, Tim Long from Barclays maintained a Hold rating on Juniper Networks, with a price target of $40.00. The company’s shares closed last Friday at $36.63.
According to TipRanks.com, Long is a 5-star analyst with an average return of
Juniper Networks has an analyst consensus of Hold, with a price target consensus of $39.75, implying a 9.1% upside from current levels. In a report issued on May 1, Wells Fargo also maintained a Hold rating on the stock with a $40.00 price target.
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