Guggenheim analyst Raymond McDonough has upgraded Akamai Technologies Inc (AKAM) to Neutral from Sell. McDonough sees risk to Q3 and Q4 FY23 top-line estimates, with potential downside to the Compute business. However, he also sees a 2%-3% potential upside to FY24 estimates, even if H2 FY23 results come slightly below expectations. The analyst is bullish on expected new business growth in the Security business, the utilization of incremental data center additions to drive Compute results, and the Delivery segment benefiting from H2 FY24 events.