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Juniper Networks Analyst Ratings
Citi Downgrades Juniper Networks(JNPR.US) to Hold Rating, Raises Target Price to $40
Citi analyst Atif Malik downgrades $Juniper Networks(JNPR.US)$ to a hold rating, and adjusts the target price from $35 to $40.According to TipRanks data, the analyst has a success rate of 73.7% and
Hold Rating on Juniper Networks Amidst Sales Decline and Pending HPE Acquisition
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Express News | According to insiders, Hewlett Packard Enterprise (HPE) is considering selling at least $6.5 billion in high-rated bonds, with the financing scale potentially expanding to $9 billion. This financing includes as many as seven different maturity dates, with
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Hewlett Packard Enterprise issued $1.35 billion mandatory convertible preferred stock to raise funds for the acquisition of Juniper Networks.
Gelonghui, on September 10th, hewlett packard enterprise, the server manufacturer spun off from HP, announced the issuance of $1.35 billion mandatory convertible preferred stock to pay for the acquisition of network equipment vendor Juniper Networks. HP Enterprise's stock price fell by more than 6% in after-hours trading. hewlett packard enterprise stated that the preferred stock will be converted into common stock on September 1, 2027, unless the shares have been converted or repurchased. Citi, JPMorgan, and Mizuho will act as joint bookrunners. hewlett packard enterprise proposed at the beginning of the year to acquire Juniper Networks for $14 billion in cash to strengthen the company.