Akamai price target raised to $68 from $63 at Canaccord Following the annual investor day, Canaccord raised Akamai's price target to $68 from $63. The firm said top-line revenue growth will continue in the mid-to-high teens with the potential for continued margin expansion. Shares are Buy rated.
Akamai should be bought on any weakness, says RW Baird Baird said investors should be opportunistic buyers on any weakness in Akamai, as the firm's conviction in the strength and drivers of the company's underlying trends were solidified following meetings with management. Baird reiterated its Outperform rating and $71 price target on Akamai shares.