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Morgan Stanley Feels More Positive on Akamai Technologies After Strong Q413 Results, Q114 Guidance

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In a report published Thursday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Akamai Technologies (NASDAQ: AKAM).

In the report, Morgan Stanley noted, “AKAM posted strong Q413 results but the bigger surprise was Q114 guidance well above cons. as Performance rev. growth looks set to accelerate. We are incrementally more positive on the stock post results, and see increased potential for growth to accel. in CY14 as new sales capacity comes into the model sooner than we expected.”

Akamai Technologies closed on Wednesday at $47.42.

Latest Ratings for AKAM

DateFirmActionFromTo
Jul 2019MaintainsNeutral
Jul 2019MaintainsOverweight
Jul 2019DowngradesBuyNeutral

View More Analyst Ratings for AKAM
View the Latest Analyst Ratings

Posted-In: Jennifer Swanson Lowe Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

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