RBC Capital Maintains Sector Perform on Akamai Techs, Raises Price Target to $97
Portfolio Pulse from jenniferd'souza@benzinga.com
RBC Capital analyst Mark Mahaney has maintained a 'Sector Perform' rating on Akamai Technologies (NASDAQ:AKAM) and raised the price target from $85 to $97.
August 09, 2023 | 2:28 pm
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Akamai Technologies' price target has been raised from $85 to $97 by RBC Capital, maintaining a 'Sector Perform' rating.
The news of RBC Capital raising the price target for Akamai Technologies from $85 to $97 while maintaining a 'Sector Perform' rating is likely to have a positive impact on the company's stock in the short term. This is because it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100