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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:34 EDTAKAMAkamai price target raised to $80 from $60 at MKM Partners
MKM Partners increased its price target on Akamai after the company reported Q4 results and guidance that the company viewed as a "blow-out." The firm keeps a Buy rating on the shares.
News For AKAM From The Last 14 Days
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July 29, 2014
08:46 EDTAKAMAkamai expect a beat and raise quarter, says MKM Partners
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08:29 EDTAKAMAkamai should report stronger than expected Q2 results, says Pacific Crest
Pacific Crest expects Akamai's Q2 results and Q3 guidance to beat expectations, driven by accelerating traffic trends. The firm keeps a $65 price target and Outperform rating on the shares.
06:44 EDTAKAMMicrosoft, Akamai and JVP to work together in cybersecurity accelerator
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July 28, 2014
07:50 EDTAKAMAkamai Q2 results should show continued momentum, says Canaccord
Canaccord expects Q2 earnings from Akamai to show its continued business momentum, citing robust growth of internet traffic across most verticals and the renewed contract with its largest customer. The firm is more cautious on margins, even though the company has exceeded its own margin guidance for the past five quarters. Canaccord has a Buy rating with a $68 price target on the stock.
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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