The shares of Verastem, Inc. (NASDAQ:VSTM) has been pegged with a rating of Buy by BTIG Research in its latest research note that was published on July 13th, 2018. The research company has also assigned a $17 price target. BTIG Research wasn’t the only research firm that published a report of Verastem, Inc., with other equities research analysts also giving their opinion on the stock. Seaport Global Securities advised investors in its research note published on May 2nd, 2018, to Buy the VSTM stock while also putting a $14 price target. The stock had earned Buy rating from B. Riley FBR, Inc. when it published its report on March 8th, 2018. That day the B. Riley FBR, Inc. set price target on the stock to $15. The stock was given Buy rating by H.C. Wainwright in its report released on September 7th, 2017, the day when the price target on the stock was placed at $10. Oppenheimer was of a view that VSTM is Outperform in its latest report on April 13th, 2017. H.C. Wainwright thinks that VSTM is worth Buy rating. This was contained in the firm’s report on March 24th, 2017 in which the stock’s price target was also moved to $6.50.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $15.75. The price of the stock the last time has raised by 34.30% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 42.24.
The shares of the company dipped by -8.15% during the trading session on Friday, reaching a low of $3.71 while ending the day at $3.72. During the trading session, a total of 3.15 million shares were traded which represents a -26.92% decline from the average session volume which is 2.48M shares. VSTM had ended its last session trading at 4.05. Verastem, Inc. currently has a market cap of $298.90M while its P/E earnings growth sits at 11.72, with a beta of 3.44. Verastem, Inc. debt-to-equity ratio currently stands at 0.23, while its quick ratio hovers at 3.00. VSTM 52-week low price stands at $2.77 while its 52-week high price is $10.35.
Verastem, Inc. has the potential to record -1.44 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Nomura published a research note on September 19th, 2018 where it informed investors and clients that Juniper Networks, Inc. (NYSE:JNPR) is now rated as Buy. Seaport Global Securities also rated JNPR as Initiated on May 2nd, 2018, with its price target of suggesting that JNPR could surge by 0.42% from its current share price. Even though the stock has been trading at $28.26/share, analysts expect it to surge higher by -0.46% to reach $28.25/share. It started the day trading at $28.34 and traded between $27.94 and $28.13 throughout the trading session.
A look at its technical shows that JNPR’s 50-day SMA is 28.07 while its 200-day SMA stands at 27.39. The stock has a high of $30.80 for the year while the low is $23.61. The company’s P/E ratio currently sits at 19.44, while the P/B ratio is 2.09. The company’s average trading volume currently stands at 4.37M shares, which means that the short-interest ratio is just 3.65 days. Over the past seven days, the company moved, with its shift of 4.19%. Looking further, the stock has raised 1.88% over the past 90 days while it lost -1.33% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Dodge Cox bought more JNPR shares, increasing its portfolio by +4.88% during the last quarter. This move now sees Dodge Cox purchasing 1,933,700 shares in the last quarter, thus it now holds 41,586,457 shares of JNPR, with a total valuation of $1,119,091,558. The Vanguard Group Inc meanwhile bought more JNPR shares in the recently filed quarter, changing its stake to $1,004,041,889 worth of shares. BlackRock Fund Advisors followed the path by decreasing its JNPR portfolio by -0.96% in the quarter. This means that BlackRock Fund Advisors sold -168,221 shares in the last quarter and now controls 17,282,890 shares of the JNPR stock, with the valuation hitting $465,082,570.
Similarly, LSV Asset Management increased its Juniper Networks, Inc. shares by +26.14% during the recently filed quarter. After buying 2,882,661 shares in the last quarter, the firm now controls 13,910,358 shares of Juniper Networks, Inc. which are valued at $374,327,734. In the same vein, First Trust Advisors LP increased its Juniper Networks, Inc. shares by during the most recent reported quarter. The firm bought 273,253 shares during the quarter which increased its stakes to 11,283,859 shares and is now valued at $303,648,646. Following these latest developments, around 1.38% of Juniper Networks, Inc. stocks are owned by institutional investors and hedge funds.