Baird analyst William Power raised the firm’s price target on Fastly to $14 from $10 and keeps a Neutral rating on the shares. The analyst said they reported solid Q4 results, including better adjusted gross and operating margins. Initial 2023 revenue and profitability guidance was also slightly better than our prior forecast.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FSLY: