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D.A. Davidson Previews Akamai Technologies Ahead Of Earnings Report

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D.A. Davidson issued a report on Akamai Technologies, Inc. (NASDAQ: AKAM) giving a preview of the fourth quarter along with earnings expectations. D.A. Davidson rates Akamai Technologies as a Buy with a one-year price target of $86.00.

Analyst Mark Kelleher wrote, "We view the company's technology as significantly differentiated in the market, both on the CDN side of the business as well as on the security and performance side. The company's ability to deploy capabilities at the edge of the network is one such differentiator. We continue to anticipate strong top and bottom line growth through 2015 and beyond."

Akamai Technologies will report earnings on Tuesday. D.A. Davidson expects Akamai Technologies to provide fourth quarter revenue of $528 million and EPS of $0.63.

Akamai Technologies closed Friday at $61.13.

Latest Ratings for AKAM

DateFirmActionFromTo
Oct 2019MaintainsBuy
Oct 2019MaintainsBuy
Oct 2019MaintainsNeutral

View More Analyst Ratings for AKAM
View the Latest Analyst Ratings

Posted-In: D.A. Davidson Mark KelleherAnalyst Color Analyst Ratings

 

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