Pacific Crest Securities Believes Strength in Traffic Has Continued in Q1 for Akamai Technologies, Inc.

Loading...
Loading...
In a report published Monday, Pacific Crest Securities analyst Chad Bartley reiterated a Sector Perform rating on
Akamai Technologies, Inc.AKAM
. In the report, Pacific Crest Securities noted, "We believe traffic growth is accelerating slightly in Q1. This should drive results near the high end of guidance and above consensus. AKAM has been strong, but another good quarter likely keeps shares in the low $70s despite a premium multiple." Akamai Technologies, Inc. closed on Friday at $70.81.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorReiterationAnalyst RatingsChad BartleyPacific Crest Securities
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...