RBC Capital Reiterates Sector Perform on Akamai Techs, Maintains $115 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria reiterates a 'Sector Perform' rating on Akamai Technologies (AKAM) and maintains a price target of $115.

February 14, 2024 | 2:58 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on Akamai Technologies with a $115 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $115 price target by RBC Capital suggests a neutral outlook on Akamai Technologies' stock in the short term. This analysis is based on the assumption that the market has already priced in the expectations set by RBC Capital's rating and target. Therefore, the immediate impact on AKAM's stock price is likely to be minimal, as the analyst's view does not represent a change in investment thesis or expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90