Akamai May volatility elevated at 48 Akamai April call option implied volatility is at 31, May is at 48, August is at 38; compared to its 26-week average of 35 according to Track Data, suggesting May price movement into a company sponsored investor meeting on March 25.
News For AKAM From The Last 14 Days
Check below for free stories on AKAM the last two weeks.
Akamai 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.