Raymond James Downgrades Fastly to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frank Louthan has downgraded Fastly (NYSE:FSLY) from Strong Buy to Market Perform.
October 01, 2024 | 2:23 pm
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Raymond James has downgraded Fastly from Strong Buy to Market Perform, indicating a less optimistic outlook on the stock.
The downgrade from Strong Buy to Market Perform by a reputable analyst suggests a shift in sentiment, which could lead to a short-term negative impact on Fastly's stock price as investors adjust their expectations.
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