Citi raised the firm’s price target on Fastly (FSLY) to $12 from $8 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q3 report. The analyst sees improved fundamentals and execution for Fastly under new management.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSLY:
- Fastly, Inc. Achieves Record Revenue in Latest Earnings Call
- Midday Fly By: Qualcomm reports Q4 beat, Schwab acquires Forge
- Fastly price target raised to $10 from $7.50 at Piper Sandler
- Cautious Optimism for Fastly: Balancing Growth Potential with Strategic Execution
- Fastly, Inc. Reports Record Q3 2025 Financial Results
