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Stock Market & Financial Investment News

News Breaks
July 24, 2014
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.
News For AKAM From The Last 14 Days
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November 26, 2014
09:52 EDTAKAMAkamai management to meet with Oppenheimer
Meeting to be held in Europe on December 3 hosted by Oppenheimer.
November 20, 2014
08:08 EDTAKAMAkamai 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.
07:19 EDTAKAMUBS to hold a conference
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November 17, 2014
10:02 EDTAKAMOn The Fly: Analyst Initiation Summary
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06:41 EDTAKAMAkamai resumed with a Market Perform at JMP Securities
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November 14, 2014
14:12 EDTAKAMAkamai calls active
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11:27 EDTAKAMAkamai 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.

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