Networking & Communication Stocks: Cisco Systems (NASDAQ:CSCO), Juniper Networks (NYSE:JNPR), Finisar Corp (NASDAQ:FNSR), Aruba Networks (NASDAQ:ARUN)

Wunderlich downgraded shares of Cisco Systems (NASDAQ:CSCO) from a buy rating to a hold rating in a report issued on Tuesday,TheFlyOnTheWall.com reports. They currently have $24.00 target price on the stock, down from their previous target price of $25.00. Cisco Systems, Inc. (NASDAQ:CSCO) shares after opening at $23.00 moved to $23.32 on last trade day and at the end of the day closed at $23.12. Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 2.53. Cisco Systems, Inc. (NASDAQ:CSCO) showed a positive weekly performance of 0.57%.

Juniper Networks, Inc. (NYSE:JNPR) announced last week plans to reduce its workforce by 6 percent. The company also announced that it will shed 12 percent of its real estate leased facilities. All these are efforts the networking materials company is making to shore up its operations. Juniper Networks, Inc. (NYSE:JNPR) shares advanced 0.24% in last trading session and ended the day on $25.31. JNPR return on equity ratio is recorded as 6.10% and its return on assets is 4.40%. Juniper Networks, Inc. (NYSE:JNPR) yearly performance is 34.34%.

Finisar (NASDAQ:FNSR) VP Todd Swanson sold 4,946 shares of the stock on the open market in a transaction dated Monday, April 7th. Finisar Corporation (NASDAQ:FNSR) shares moved up 2.69% in last trading session and was closed at $26.38 while trading in range of $25.59 – $26.48 – Finisar Corporation (NASDAQ:FNSR) year to date (YTD) performance is 10.28%.

Aruba Networks (NASDAQ:ARUN) has been given a consensus recommendation of “Hold” by the thirty-six analysts that are currently covering the company, Analyst Ratings Network.com reports. Aruba Networks, Inc. (NASDAQ:ARUN) weekly performance is 3.49%. On last trading day company shares ended up $19.88. Aruba Networks, Inc. (NASDAQ:ARUN) distance from 50-day simple moving average (SMA50) is -0.95%. Analysts mean target price for the company is $23.44.