RBC Capital Maintains Underperform on Fastly, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Rishi Jaluria maintains an Underperform rating on Fastly (NYSE:FSLY) and raises the price target from $9 to $11.
June 23, 2023 | 1:46 pm
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RBC Capital maintains an Underperform rating on Fastly (NYSE:FSLY) and raises the price target from $9 to $11.
The news directly mentions Fastly and the analyst's decision to maintain an Underperform rating, which indicates a negative outlook for the stock. The price target increase from $9 to $11, however, may provide some support to the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100