HSBC Upgrades Akamai Techs to Hold, Announces $96 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has upgraded Akamai Technologies (NASDAQ:AKAM) from Reduce to Hold and set a price target of $96.
July 24, 2024 | 9:33 am
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HSBC analyst Stephen Bersey has upgraded Akamai Technologies from Reduce to Hold and set a price target of $96.
The upgrade from Reduce to Hold by HSBC and the announcement of a $96 price target is likely to have a positive short-term impact on Akamai Technologies' stock price. Analyst upgrades generally boost investor confidence and can lead to increased buying activity.
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