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 Q4 results tracking ahead of consensus, says Pacific Crest Pacific Crest believes that Akamai is poised to report stronger than expected Q4 results. The firm keeps a $65 price target and Outperform rating on the shares.
Akamai hits highs of day amid takeover speculation The move higher in shares of Akamai (AKAM) is being attributed to takeover speculation. The suitor rumored to be interested is Alibaba (BABA). Shares of Akamai are at highs of the day, up 3% to $62.00.