DA Davidson analyst Rudy Kessinger raised the firm’s price target on Fastly (FSLY) to $11.50 from $9.50 and keeps a Neutral rating on the shares after its Q3 earnings beat. The business is seeing improvement on a number of fronts, including traffic growth, pricing, Security adoption, and the management is laser focused on delivering strong incremental operating margins going forward, the analyst tells investors in a research note.
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