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Stock Market & Financial Investment News

News Breaks
February 7, 2013
06:19 EDTAKAMAkamai downgraded to Neutral from Buy at Janney Capital
Janney downgraded Akamai following weaker than expected guidance citing loss market share, increased investments, and slower eCommerce growth. Price target lowered to $40 from $45. Note that Jefferies also downgraded shares this morning.
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May 16, 2013
11:50 EDTAKAMAkamai continues to guide in low 40s for EBITA margins, cites investments
On the company's presentation at the JPM conference a company executive commented that Akamai continues to guide in low 40s for EBITA margins as it makes investments such as an expansion in its salesforce.
May 10, 2013
08:22 EDTAKAMAkamai price target raised to $53 - $56 from $48 - $50 at Wells Fargo
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