TD Cowen analyst Michael Elias raised the firm’s price target on Akamai to $120 from $112 and keeps an Outperform rating on the shares. The firm said they reported strogn results and they are encouraged by its improving fundamentals and continued execution on cost-savings initiatives.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AKAM: