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
- Akamai Recognized as a Leader in the 'IDC MarketScape: Web Application and API Protection (WAAP) 2024 Vendor Assessment' • PR Newswire (US) • 09/17/2024 05:30:00 PM
- Akamai Finds Geopolitical Tensions Driving Surge in DDoS Attacks on Financial Institutions • PR Newswire (US) • 09/17/2024 10:28:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:54:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/13/2024 08:42:40 PM
- Akamai Joins the Streaming Video Technology Alliance • PR Newswire (US) • 09/13/2024 07:10:00 AM
- Akamai Puts Media Companies Back in Control with New Workflow Capabilities • PR Newswire (US) • 09/13/2024 07:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:48:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:38:15 PM
- Akamai Named a Microsegmentation Leader • PR Newswire (US) • 08/28/2024 03:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 09:19:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/27/2024 08:05:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 09:00:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 08:57:33 PM
- U.S. Stocks May Extend Rebound As Inflation Data Looms • IH Market News • 08/12/2024 01:05:58 PM
- U.S. Stocks Move Mostly Higher, Largely Offset Monday’s Sell-Off • IH Market News • 08/09/2024 08:44:00 PM
- Lingering Economic Concerns May Lead To Pullback On Wall Street • IH Market News • 08/09/2024 01:11:15 PM
- Sweetgreen Rises 22% on Raised Forecasts, Doximity Jumps 30%, Rocket Lab Soars 14% on 71% Revenue Growth, and More • IH Market News • 08/09/2024 09:48:54 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:51:47 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/08/2024 08:31:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:12:11 PM
- AKAMAI REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS • PR Newswire (US) • 08/08/2024 08:00:00 PM
- Akamai and Datadog Partner to Detect, Investigate, and Respond to Threats Across Applications and Workloads • PR Newswire (US) • 08/06/2024 10:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 09:30:30 PM
- Akamai Announces Intent to Achieve FedRAMP High and DoD Impact Levels 4 and 5 Accreditations • PR Newswire (US) • 07/31/2024 10:00:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM