Citigroup Maintains Neutral on Akamai Techs, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Neutral rating on Akamai Techs (NASDAQ:AKAM) and raises the price target from $98 to $105.
August 30, 2023 | 6:03 pm
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Citigroup maintains a Neutral rating on Akamai Techs and raises the price target from $98 to $105.
The news is directly about Akamai Techs. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in price target from $98 to $105 suggests a positive outlook, which could potentially influence investors' decisions and the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100