TD Cowen analyst Michael Elias downgraded Akamai (AKAM) to Hold from Buy with a price target of $98, down from $125.
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Read More on AKAM:
- Akamai downgraded to Neutral from Overweight at Piper Sandler
- Akamai’s Promising Growth: Surpassing Expectations with Strategic Moves in Security and Cloud Infrastructure
- Akamai’s Multi-Year Transition and Near-Term Uncertainty Justify Hold Rating Amid Challenges and Optimistic Framework
- Akamai Technologies Reports Steady Growth in 2024
- Closing Bell Movers: Booking gains 3%, Akamai down 8% on earnings