tiprankstipranks
Trending News
More News >

Akamai initiated with an Underweight at KeyBanc

KeyBanc initiated coverage of Akamai (AKAM) with an Underweight rating and $63 price target The firm does not believe Akamai shares are expensive, but it sees more risk of negative catalysts than positive. The company operates in a “crowded field,” and pricing dynamics have a better chance to disappoint rather than surprise to the upside, the analyst tells investors in a research note.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1