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Juniper Stock: Near-Term Outlook Is Too Uncertain For Me To Put A ...

I recommended a hold rating for Juniper Networks (NYSE:JNPR) when I wrote about it the last time, as orders remain weak and the visibility to FY24 revenue is low. Based on my current outlook and analysis of JNPR, I recommend a hold rating. The additional layer of uncertainty in the near term has resulted in me continuing to be conservative and stay on the safe side of the fence. While the strong performance in Enterprise is surprisingly strong, it appears that the weakness from Service Provider and Cloud will more than offset this strength, which will add fuel to the negative sentiment pressuring the stock.

seekingalpha.com     Nov 02, 2023