Fastly ‘overreaction’ to Q4 a buying opportunity, says Raymond James

Raymond James met with Fastly CFO Ron Kisling at the firm’s Institutional Investors Conference and came away from the event stating that Fastly remains the analyst’s best idea. The firm, which believes the “pieces are in place” for Fastly to continue to drive improved results, views the recent “overreaction” to Q4 results creating a “significant buying opportunity” and keeps a Strong Buy rating on the shares.