Piper Sandler Downgrades Fastly to Neutral, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish has downgraded Fastly (NYSE:FSLY) from Overweight to Neutral and lowered the price target from $10 to $6.
August 08, 2024 | 10:51 am
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Piper Sandler analyst James Fish downgraded Fastly from Overweight to Neutral and reduced the price target from $10 to $6.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $10 to $6 by a reputable analyst is likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100