Akamai channel checks positive, says Wells Fargo Wells Fargo said its channel checks in the content delivery network space yielded positive takeaways for Akamai. The firm believes demand remains strong while pricing remains rational. Wells thinks Akami could top consensus growth expectations in 2013 and keeps an Outperform rating on the stock.
Akamai Q4 results tracking ahead of consensus, says Pacific Crest Pacific Crest believes that Akamai is poised to report stronger than expected Q4 results. The firm keeps a $65 price target and Outperform rating on the shares.
Akamai hits highs of day amid takeover speculation The move higher in shares of Akamai (AKAM) is being attributed to takeover speculation. The suitor rumored to be interested is Alibaba (BABA). Shares of Akamai are at highs of the day, up 3% to $62.00.