Susquehanna analyst Shyam Patil lowered the firm’s price target on Akamai (AKAM) to $105 from $110 and keeps a Positive rating on the shares. The firm said they reported a generally solid 4Q, though its 2025 outlook was noisy due to FX, traffic growth trends, and headwinds from its largest customer. However, management seemed optimistic about the potential to reaccelerate growth in the coming years to achieve the 3-5-year goals it announced at earnings.
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Read More on AKAM:
- Akamai downgraded to Neutral from Buy at BofA
- TD downgrades Akamai to Hold on growth deceleration
- Akamai downgraded to Hold from Buy at TD Cowen
- Akamai downgraded to Neutral from Overweight at Piper Sandler
- Akamai’s Promising Growth: Surpassing Expectations with Strategic Moves in Security and Cloud Infrastructure
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