TD Cowen lowered the firm’s price target on Akamai (AKAM) to $92 from $98 and keeps a Hold rating on the shares. Akamai reported Q1 upside, provided upside Q2 guidance, and raised its 2025 revenue and EPS guidance, but the firm remains on the sidelines given Security and Compute growth rates are decelerating and margins are facing a slower ramp, the analyst tells investors.
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Read More on AKAM:
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