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Stock Market & Financial Investment News

News Breaks
February 6, 2014
06:40 EDTAKAMAkamai upgraded to Neutral from Underperform at Credit Suisse
Credit Suisse upgraded Akamai to Neutral citing higher growth assumptions following the company's Q4 results. The firm raised its price target for shares to $47.50 from $35.
News For AKAM From The Last 14 Days
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July 24, 2014
13:16 EDTAKAMAkamai advances following Macquarie upgrade
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10:03 EDTAKAMOn The Fly: Analyst Upgrade Summary
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07:58 EDTAKAMAkamai upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Akamai to Outperform based on revised 2H consensus margin forecasts and meetings with CDN competitors. The upgrade is not a call on the Q2 report but a longer-term call that media delivery revenue growth could grow in the mid-teens for the next few years driven by increased volumes from HD sporting and other content. Price target raised to $70 from $59.

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