Thursday, July 26, 2012 9:40:36 AM
Jefferies maintains a 'Buy' on Akamai Technologies (NASDAQ: AKAM) price target of $43.00 (from $42.00).
Analyst, Aaron Schwartz, said, "AKAM reported 2Q upside with guidance above consensus as strong business trends offset currency adjustment concerns. The company is early in several product cycles with additional releases expected in 2H with a backdrop of strong volume traffic trends. Estimates move higher and further stock appreciation potential exists based just on in line historic valuation levels."
FY12 EPS estimate raised from $1.64 to $1.74 and FY13 $1.87 to $1.95.
For an analyst ratings summary and ratings history on Akamai Technologies click here. For more ratings news on Akamai Technologies click here.
Shares of Akamai Technologies closed at $28.25 yesterday, with a 52 week range of $18.25-$39.14.
If at first you don’t succeed, try, try again. Then give up. There’s no sense being a fool about it.
Recent AKAM News
- JFrog and Akamai Drop Over 10% Despite Strong Profits; Sweetgreen, Array, SoundHound Surge, and More in Earnings • IH Market News • 05/10/2024 11:58:39 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:46:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:25:08 PM
- AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • PR Newswire (US) • 05/09/2024 08:00:00 PM
- Akamai Is Named a 2024 Stevie® Award Winner • PR Newswire (US) • 05/08/2024 10:30:00 AM
- Akamai Announces Intent to Acquire API Security Company Noname • PR Newswire (US) • 05/07/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 08:35:43 PM
- Akamai Helps Organizations Achieve Greater Security with New Zero Trust Platform • PR Newswire (US) • 04/30/2024 10:00:00 AM
- Akamai Announces 2023 Sustainability Report and Microsite • PR Newswire (US) • 04/29/2024 11:00:00 AM
- Akamai's API Security Product Achieves PCI Compliance and Sees Tremendous Customer Growth • PR Newswire (US) • 04/23/2024 10:32:00 AM
- Akamai Rolls Out Cloud Infrastructure and Services Powered by NVIDIA, Optimized for Video Processing • PR Newswire (US) • 04/15/2024 10:30:00 AM
- Akamai Technologies To Hold First Quarter 2024 Investor Conference Call On Thursday, May 9, at 4:30 PM ET • PR Newswire (US) • 04/11/2024 11:00:00 AM
- Akamai Expands Offerings in Hybrid DNS Infrastructure Security with Shield NS53 • PR Newswire (US) • 04/09/2024 10:32:00 AM
- Akamai Research Finds 29% of Web Attacks Target APIs • PR Newswire (US) • 03/19/2024 10:32:00 AM
- Akamai and Neural Magic Partner to Accelerate Deep Learning AI • PR Newswire (US) • 03/12/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:03:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 08:10:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 08:09:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 10:00:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:36:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:36:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:35:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:35:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:34:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:34:02 PM
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