Akamai estimates and valuation too low, says Cowen Cowen continues to believe Akamai is undervalued citing its recent strategic alliance with AT&T (T) which indicates companies are beginning to see the value in its services. Shares are Outperform rated.
News For AKAM From The Last 14 Days
Check below for free stories on AKAM the last two weeks.
Akamai call activity on attributed to takeover speculation Akamai June 60 and 60.5 calls are active on total call volume of 4,100 contracts (200 puts) on renewed takeover speculation. July call option implied volatility is at 41, July is at 34, November is at 33; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.