Morgan Stanley Has Mixed Earnings Outlook For Akamai Technologies

In a report published Monday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on

. In the report, Morgan Stanley noted, “The outlook for Q3 earnings is mixed as concerns about AAPL and FX offset ongoing core strength in the business. We believe AKAM is benefitting as content, commerce, and apps move online, and would be buyers on any pullback if short-term impacts like AAPL and FX weigh on the Q4 guide.” Akamai Technologies closed on Friday at $55.28.