Pre-Market Technical Pulse on Networking & Communication Devices Stocks — Juniper Networks, Palo Alto Networks, Zayo, and Finisar

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If you want a Stock Review on JNPR, PANW, ZAYO, or FNSR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Networking and Communication Devices companies design and manufacture networking equipment, as well as servers, for enterprise, commercial, and consumer use. These firms are generally structured as corporations, and offer dividend yields that are in-line with the wider market. For today, DailyStockTracker.com monitors Juniper Networks Inc. (NYSE: JNPR), Palo Alto Networks Inc. (NYSE: PANW), Zayo Group Holdings Inc. (NYSE: ZAYO), and Finisar Corp. (NASDAQ: FNSR). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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Juniper Networks 

Sunnyvale, California headquartered Juniper Networks Inc.’s stock finished Wednesday’s session 0.25% higher at $27.60 with a total trading volume of 2.63 million shares. The Company’s shares are trading 1.63% below their 50-day moving average. Shares of the Company, which designs, develops, and sells network products and services worldwide, have a Relative Strength Index (RSI) of 49.60.

On August 29th, 2017, Juniper Networks announced Juniper® Contrail Security, a new security and microsegmentation solution specifically designed to allow enterprises and Software-as-a-Service (SaaS) cloud providers to protect applications running in multiple cloud environments. Contrail Security enables an innovative response to the heightened risk brought about by today’s cloud workloads and applications. JNPR complete research report is just a click away at:

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Palo Alto Networks 

On Wednesday, shares in Santa Clara, California headquartered Palo Alto Networks Inc. recorded a trading volume of 949,672 shares. The stock ended the session 0.40% higher at $144.14. The Company’s shares have advanced 10.08% in the last one month, 7.66% in the previous three months, and 15.27% on an YTD basis. The stock is trading 6.50% above its 50-day moving average and 11.09% above its 200-day moving average. Moreover, shares of Palo Alto Networks, which provides security platform solutions to enterprises, service providers, and government entities worldwide, have an RSI of 63.86.

On September 05th, 2017, research firm Imperial Capital upgraded the Company’s stock rating from ‘In-line’ to ‘Outperform’ while revising its previous target price from $137 a share to $165 a share.

On September 06th, 2017, Palo Alto Networks announced that it will host an Investor Day on September 27th, 2017, at 583 PARK AVENUE in New York City. Attendees will have an opportunity to speak with senior executives, see product demonstrations, and hear about the Company’s unique approach to the cybersecurity market. The program will run from 8:00 a.m. to 1:30 p.m. ET. The complimentary report on PANW can be downloaded at:

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Zayo Group Holdings 

Boulder, Colorado headquartered Zayo Group Holdings Inc.’s shares closed the day 0.72% higher at $34.94. The stock recorded a trading volume of 3.59 million shares, which was higher than its three months average volume of 1.99 million shares. The Company’s shares have gained 2.64% in the last month, 6.92% over the previous three months, and 6.33% on an YTD basis. The stock is trading 6.62% and 7.24% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Zayo, which through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the US, Canada, and Europe, have an RSI of 70.42.

On September 11th, 2017, Zayo announced that it has appointed Matt Steinfort as CFO, effective September 15th, 2017. Steinfort will report to Chairman and CEO Dan Caruso. Ken desGarennes will remain through the Company’s second fiscal quarter form 10-Q filing in February of 2018 to ensure an orderly transition. Sign up for your complimentary report on ZAYO at:

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Finisar 

Shares in Sunnyvale, California headquartered Finisar Corp. finished 0.96% higher at $21.99. The stock recorded a trading volume of 3.40 million shares, which was above its three months average volume of 3.20 million shares. The Company’s shares are trading below their 50-day moving average by 12.72%. Furthermore, shares of Finisar, which provides optical subsystems and components for data communication and telecommunication applications in the US, China, Malaysia, and internationally, have an RSI of 37.44.

On September 05th, 2017, research firm Stifel reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $33 a share to $30 a share.

On September 06th, 2017, Finisar announced that Chairman and CEO Jerry Rawls has informed the Board of Directors that he intends to retire as the Company’s CEO by the end of calendar year 2018. The Board will conduct a search to identify Mr. Rawls’ successor as CEO, and will consider internal and external candidates for the job. Download the research report for free on FNSR at:

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