Oppenheimer raised the firm’s price target on Akamai (AKAM) to $115 from $100 and keeps an Outperform rating on the shares ahead of quarterly results. The firm continues to see an outsized opportunity for Akamai in its Security and Compute Infrastructure Services portfolio, which could accelerate top-line growth to high single-digits. Within Security, checks indicate that Guardicore and Noname remain strong, driving upside to numbers. On the Compute side, CIS has accelerated to about 40% growth, which Oppenheimer sees as sustaining through 2026.
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