NEW YORK, July 26, 2016 /PRNewswire/ --
Stock-Callers.com this morning has issued notes on four Networking and Communication Devices equities, namely, Cisco Systems Inc. (NASDAQ: CSCO), Juniper Networks Inc. (NYSE: JNPR), Palo Alto Networks Inc. (NYSE: PANW), and Zayo Group Holdings Inc. (NYSE: ZAYO). Investors can expect growth opportunities in the months to come as demand for related products remains high. Learn more about these stocks by accessing their freenotes at:
On Monday, shares in San Jose, California headquartered Cisco Systems Inc. recorded a trading volume of 15.17 million shares. The stock ended the day at $30.79, climbing 0.26%. The Company's shares have gained 6.33% in the last one month, 10.06% over the previous three months, and 16.34% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.79% and 14.40%, respectively. Furthermore, shares of Cisco Systems, which designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide, have a Relative Strength Index (RSI) of 75.40.
On June 28th, 2016, Cisco announced its intent to acquire CloudLock Inc., a privately held cloud security company. CloudLock specializes in cloud access security broker technology that provides enterprises with visibility and analytics around user behavior and sensitive data in cloud services, including SaaS, IaaS and PaaS. The acquisition will further enhance Cisco's security portfolio and build on Cisco's Security Everywhere strategy, designed to provide protection from the cloud to the network to the endpoint. Sign up and read the free notes on CSCO at:
Sunnyvale, California headquartered Juniper Networks Inc.'s stock finished yesterday's session 1.22% higher at $24.06. A total volume of 3.54 million shares was traded, which was above their three months average volume of 3.33 million shares. The Company's shares have gained 0.08% in the last one month and 2.66% over the previous three months. The stock is trading above its 50-day moving average by 5.16%. Furthermore, shares of Juniper Networks, which designs, develops, and sells network products and services worldwide, have an RSI of 66.04.
On July 06th, 2016, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold'. The research firm also revised downwards its previous target price from $30 to $22.
On July 12th, 2016, Juniper Networks announced that eBay Classifieds Group, has deployed Juniper Networks® Contrail Networking to build automated and highly scalable virtual overlay networks. eBay Classifieds Group moved its operations to the cloud to expedite its business processes drastically by reducing the time to build and bring its classified platforms online. The complimentary notes on JNPRcan be accessed at:
Palo Alto Networks
At the closing bell on Monday, shares in Santa Clara, California headquartered Palo Alto Networks Inc. rose 1.57%, ending the day at $131.52. The stock recorded a trading volume of 1.28 million shares. The Company's shares have advanced 3.85% in the last one month and are trading 0.87% above their 50-day moving average. Moreover, shares of Palo Alto Networks, which provides enterprise security platform to enterprises, service providers, and government entities worldwide, have an RSI of 55.52.
On July 06th, 2016, Palo Alto Networks® announced that its next-generation firewall has earned a "Recommended" rating by NSS Labs, Inc., the world's leading information security research and advisory company. The PA-7050 appliance achieved a 100 percent effectiveness rating against all evasion techniques tested and blocked 94.2 percent of exploits introduced within the test, according to the Data Center Intrusion Prevention System Test Report. Register for free on Stock-Callers.com and access the latest notes on PANWat:
Zayo Group Holdings
Boulder, Colorado headquartered Zayo Group Holdings Inc.'s stock ended the day 1.51% lower at $29.27. A total volume of 2.17 million shares was traded, which was above their three months average volume of 2.05 million shares. The Company's shares have gained 4.91% in the last month, 12.36% over the previous three months, and 10.08% on an YTD basis. The stock is trading 5.34% above its 50-day moving average and 13.89% above its 200-day moving average. Additionally, shares of Zayo Group, which through its subsidiaries, provide bandwidth infrastructure solutions for the communications industry in the U.S. and Europe, have an RSI of 61.49.
On July 22nd, 2016, Zayo Group, LLC, a subsidiary of Zayo Group Holdings announced that it has successfully completed the repricing of its $361 million term loan tranche under its existing credit agreement. The $361 million term loan tranche was repriced at par and will bear interest at a rate of LIBOR plus 2.75%, with a minimum LIBOR rate of 1.00%. The facility will be made fungible with the existing term loan B-1 tranche.
On July 25th, 2016, research firm Pacific Crest initiated a 'Sector Weight' rating for the Company's stock.Get free access to your notes on ZAYOat:
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