Akamai Q2 results should show continued momentum, says Canaccord Canaccord expects Q2 earnings from Akamai to show its continued business momentum, citing robust growth of internet traffic across most verticals and the renewed contract with its largest customer. The firm is more cautious on margins, even though the company has exceeded its own margin guidance for the past five quarters. Canaccord has a Buy rating with a $68 price target on the stock.
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.