Morning Technical Insight on These Networking & Communication Devices Stocks - Palo Alto Networks, Zayo, Gigamon, and Juniper Networks
NEW YORK, Dec. 5, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on PANW, ZAYO, GIMO, and JNPR which is a click away at www.wallstequities.com/registration. Pre-market, WallStEquities.com monitors these Networking and Communication Devices stocks: Palo Alto Networks Inc. (NYSE: PANW), Zayo Group Holdings Inc. (NYSE: ZAYO), Gigamon Inc. (NYSE: GIMO), and Juniper Networks Inc. (NYSE: JNPR). According to an IBISWorld report, operators in the Telecommunications Networking Equipment Manufacturing industry are anticipated to fare marginally better over the next five years. Aggregate private investment from corporations will continue to rise, encouraging customers, such as cable networks, to invest in new networking equipment and increasing demand for more sophisticated networks. In its free research reports, Wall St. Equities offers timely insights on these equities at: www.wallstequities.com/registration
Palo Alto Networks
Santa Clara, California headquartered Palo Alto Networks Inc.'s shares saw a slight drop of 0.61%, finishing Monday's trading session at $142.89. A total volume of 1.50 million shares was traded. The stock has gained 14.27% since the start of this year. The Company's shares are trading above their 200-day moving average by 8.29%. Moreover, shares of the Company, which provides security platform solutions worldwide, have a Relative Strength Index (RSI) of 45.06.
On November 28th, 2017, Palo Alto Networks announced that it has achieved Amazon Web Services (AWS) Networking Competency status. This designation, which complements the AWS Security Competency that the Company achieved in 2016, recognizes that it provides proven technology and deep expertise to help customers adopt, develop, and deploy networks on AWS.
On December 04th, 2017, research firm William Blair upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Today's daily Complimentary report on PANW is accessible at: www.wallstequities.com/registration/?symbol=PANW
Zayo Group Holdings
On Monday, shares in Boulder, Colorado headquartered Zayo Group Holdings Inc. recorded a trading volume of 2.06 million shares, and ended the session 1.92% lower at $34.67. The stock has gained 0.67% over the previous three months and 5.51% on an YTD basis. The Company's shares are trading 4.02% above their 200-day moving average. Furthermore, shares of Zayo have an RSI of 43.69.
On November 27th, 2017, Zayo announced that it has entered into a definitive agreement to acquire Spread Networks for $127 million in cash. Spread Networks is a privately-owned telecommunications provider that owns and operates a 825-mile, high-fiber count long haul route connecting New York and Chicago. This acquisition will provide ZAYO customers with the lowest latency and most direct fiber route between the two cities and additional physical path diversity. To experience our free membership services anytime/ anywhere and access the free report on ZAYO, click to register at: www.wallstequities.com/registration/?symbol=ZAYO
Gigamon
Shares in Santa Clara, California headquartered Gigamon Inc. closed at $38.55, slightly down 0.52% from the last trading session. The stock recorded a trading volume of 604,701 shares. The Company's shares are trading 0.41% above their 200-day moving average. Additionally, shares of Gigamon have an RSI of 39.54.
On November 28th, 2017, Gigamon announced that the Gigamon Visibility Platform for Amazon Web Services (AWS) has achieved AWS Networking Competency status, a certification in the AWS Partner Network program. The Company also introduced NetFlow and IPFIX flow record generation for its AWS offering, enabling organizations to establish rapid and pervasive visibility into traffic traversing on AWS. With this capability, enterprises can effectively deliver summarized, critical data to their security and monitoring tools. Join our big investor community at Wall St. Equities today and start so with your free report on GIMO at: www.wallstequities.com/registration/?symbol=GIMO
Juniper Networks
Sunnyvale, California headquartered Juniper Networks Inc.'s stock ended 1.48% lower at $27.96. A total volume of 7.98 million shares was traded, which was above their three months average volume of 6.60 million shares. The Company's shares have advanced 14.59% in the last one month and 2.91% over the previous three months. The stock is trading above its 50-day moving average by 5.35%. Furthermore, shares of Juniper Networks have an RSI of 56.53.
On November 15th, 2017, research firm Wells Fargo resumed its 'Market Perform' rating on the Company's stock, with a target price of $25 per share.
On November 15th, 2017, Juniper Networks announced that Ken Miller, CFO, will present at the Wells Fargo Technology Summit on December 05th, 2017, at 8:30 a.m. MT in Park City. Kevin Hutchins, Senior Vice President, Strategy and Product Line Management, will present at the Raymond James Technology Conference on December 05th, 2017, at 11:20 a.m. ET in New York. Additionally, Ken Miller will present at the Barclays Technology, Media and Telecommunications Conference on December 07th, 2017, at 10:00 a.m. PT in San Francisco. Know more about JNPR in our free research coverage at: www.wallstequities.com/registration/?symbol=JNPR
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