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How Much Have Cisco, Juniper, Nokia, and Ericsson Fallen?

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Feb. 6 2018, Published 8:37 a.m. ET

CSCO has fallen 7% in the last two days

Shares of communications equipment company Cisco (CSCO) have fallen 7% in the last two trading days to close at $38.78. Cisco shares fell 5.2% on February 5, 2018, and they fell over 1% on February 2. Cisco stock is now trading 28% above its 52-week low of $30.36 and 10% below its 52-week high of $42.98.

Of the 28 analysts tracking Cisco, 18 have recommended “buys” on the stock, while ten have recommended “holds.” No analysts have recommended “sells” on CSCO. The average 12-month target price for CSCO is $41.23 with a median target of $41.5, indicating that the stock is trading at a discount of 7% to analysts’ median estimate.

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Juniper, Nokia, and Ericsson

Shares of Juniper Networks (JNPR) have fallen more than 5% in the last two trading days to close at $25.20. Juniper shares fell 4% on February 5, 2018, and they fell over 1% on February 2. Juniper stock is now trading 6% above its 52-week low of $23.87 and 19% below its 52-week high of $30.96.

Of the 25 analysts tracking Juniper, four have recommended “buys” on the stock, while 18 have recommended a “holds.” Three analysts have recommended “sells” on JNPR. The average 12-month target price for Juniper is $26.45 with a median target of $26, indicating that the company is trading at a discount of 3% to analysts’ median estimate.

Shares of Nokia (NOK) have fallen 1.5% in the last two trading days to a closing price of $5.32. Nokia stock is now trading 18% above its 52-week low of $4.51 and 20% below its 52-week high of $6.65.

Of the 13 analysts tracking Nokia, four have recommended “buys,” while nine have recommended “holds” on the stock. No analysts have recommended “sells” on NOK. The average 12-month target price for Nokia is $6.57 with a median target of $6.06, indicating that the company is trading at a discount of 14% to the median estimate.

Shares of Ericsson (ERIC) have fallen over 6.6% in the last two trading days to close at $6.2. The stock fell over 7.5% on February 5, 2018. Ericsson stock is now trading 12% above its 52-week low of $6.2 and 17% below its 52-week high of $7.47.

Of the ten analysts tracking Ericsson, one has recommended a “buy,” while six have recommended “holds” on the stock. Three analysts have recommended “sells” on the stock. The average 12-month target price for Ericsson is $5.94. Its median target is $6, indicating that it’s trading at a premium of 3% to analysts’ median estimate despite the recent fall in its share price.

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