Disney and Juniper Networks Get a Boost; Gap Gets Downgraded

Disney (DIS) and Juniper Networks (JNPR) get positive notes, while Gap (GPS) gets slapped with a downgrade following its updated Q1 earnings and revenue guidance all in Tuesday's Analysts' Actions.

Author:: Kurumi Fukushima
Publish date:: May 12, 2015 9:35 AM EDT

In Tuesday's Analysts' Actions, we highlight positive notes on Disney (DIS) and Juniper Networks (JNPR), while Gap (GPS) gets slapped with a downgrade following its updated first quarter earnings and revenue guidance. Analysts at Deutsche Bank are expecting big box-office hits for Disney. The firm raised its price target to $120 from $105, but kept its HOLD rating. Juniper Networks was upgraded to a BUY rating from NEUTRAL by analysts at Bank of America/Merrill Lynch. The firm also increased its price target to $34 from $27. Analysts like Juniper's new products. And, Gap was downgraded by at FBR Capital Markets to MARKET PERFORM from OUTPERFORM. The firm lowered its price target to $40, saying it will likely see lower margins. TheStreet's Kurumi Fukushima reports in New York.