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Stock Market & Financial Investment News

News Breaks
May 14, 2014
05:39 EDTAKAMAkamai upgraded to Outperform from Sector Perform at Pacific Crest
Pacific Crest upgraded Akamai to Outperform with a $65 price target saying it sees upside to Q2 and 2014 estimates due to accelerating media traffic growth.
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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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