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 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.