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).
Protect Your Portfolio Against Market Uncertainty
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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 1.3% and a 45.2% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, CoreWeave, Inc. Class A, and Klaviyo, Inc. Class A.
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.
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 13.1% and a 61.8% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.
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.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

an hour ago

• Yahoo

Barclays Says Nvidia (NVDA) Has the Most Upside in Its Coverage—Here's Why

NVIDIA Corporation (NASDAQ:NVDA) is one of the . On June 17, analyst Thomas O'Malley at Barclays raised his price target on the stock from $170 to $200 while maintaining an 'Overweight' rating. The new target reflects significant upside potential for Nvidia in the second half of the year, backed by robust demand across the company's supply chain. The rating affirmation asserts that Barclays continues to feel optimistic about NVIDIA's market potential and performance trajectory. Conducting checks with the supply chain after first-quarter earnings, the firm has identified approximately '$2 billion in upside in July for Nvidia vs. Street numbers.' This has led to a lift in its full-year Compute revenue estimate to $37 billion from $35.6 billion. Even though Blackwell's capacity at an estimated 30,000 wafers per month in June fell short of the firm's expectations of 40,000 wafers, the firm asserted that 'utilizations are healthy, and the supply chain sounds positive on the 2H of the year.' Meanwhile, Blackwell Ultra is on track, and its mass production is scheduled for the third quarter. According to analysts, 'both Ultra and higher volume should help gross margins (GMs) in the 2H.' The firm has therefore revised its Compute revenue forecasts for the third and fourth calendar quarters to $42 billion and $48 billion, respectively. This is above its prior projections and the Street consensus. 'Even with the recent run, this name has the most potential upside in our coverage for the 2H and we raise our PT to $200.' -Analysts led by Tom O'Malley. NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio

Business Insider

2 hours ago

• Business Insider

Home Depot (HD) Gets a Buy from Telsey Advisory

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Home Depot (HD – Research Report) yesterday and set a price target of $455.00. The company's shares closed yesterday at $349.62. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Feldman is a 5-star analyst with an average return of 8.2% and a 52.56% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Costco, Lowe's, and On Holding AG. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $428.77 average price target, representing a 22.64% upside. In a report released on June 17, Citi also maintained a Buy rating on the stock with a $433.00 price target. The company has a one-year high of $439.37 and a one-year low of $326.31. Currently, Home Depot has an average volume of 3.56M. Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HD in relation to earlier this year. Earlier this month, John A. Deaton, the EVP – Supply Chain & Prod. Dev of HD sold 8,892.00 shares for a total of $3,289,951.08.

Yahoo

3 hours ago

• Yahoo

GMS Inc. price target raised to $95 from $71 at Barclays

Barclays analyst Matthew Bouley raised the firm's price target on GMS Inc. (GMS) to $95 from $71 and keeps an Equal Weight rating on the shares after QXO (QXO) publicly announced its bid to acquire GMS for $95.20 and The Wall Street Journal subsequently reported that Home Depot (HD) has also submitted an offer. With Home Depot making its push towards the Pro and QXO acquiring Beacon earlier this year, 'there are clearly two behemoths making a push to consolidate the building products distribution sector' and this first – at least public – meeting of QXO and Home Depot in competing for a deal 'may well not be the last,' the analyst tells investors. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on GMS: Disclaimer & DisclosureReport an Issue GMS Receives Acquisition Proposal from QXO, Inc. Home Depot bid for GMS may be viewed 'slightly negatively,' says RBC GMS Inc. price target raised to $92.20 from $65 at RBC Capital GMS Inc. price target raised to $105 from $80 at Truist GMS Inc. price target raised to $90 from $80 at Raymond James Sign in to access your portfolio