Akamai benefiting from current trends, says Oppenheimer Oppenheimer believes that a surge in online traffic trends in Q2 is positive for Akamai. It estimates that the peak number of monthly active video streams on Akamaiís platform essentially doubled in Q2 versus Q1. The firm believes that the company's pricing is trending positively, and it keeps an Outperform rating on the shares.
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.