Craig-Hallum Upgrades Akamai Techs to Buy, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeff Van Rhee has upgraded Akamai Technologies (NASDAQ:AKAM) from Hold to Buy and raised the price target from $110 to $125.

August 09, 2024 | 11:54 am
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Craig-Hallum analyst Jeff Van Rhee has upgraded Akamai Technologies from Hold to Buy and raised the price target from $110 to $125.
The upgrade from Hold to Buy and the increased price target from $110 to $125 by Craig-Hallum is likely to positively impact Akamai Technologies' stock price in the short term. Analyst upgrades generally signal confidence in the company's future performance, which can attract more investors.
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