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Themes ETF Trust

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B of A Securities analyst Tal Liani downgraded Fastly Inc (FSLY) from Buy to Underperform, reducing the price target from $18 to $8, citing near-term risks such as decelerating growth in top customers, share loss in delivery, and limited visibility. Despite a slight beat in quarterly sales and EPS, concerns over future guidance and share loss in the delivery business led to a significant stock price drop. Liani remains positive on Fastly's long-term edge computing prospects but sees it as a 2025 opportunity. Fastly is also part of the IShares U.S. Digital Infrastructure And Real Estate ETF (IDGT) and Themes Cybersecurity ETF (SPAM).

Portfolio Pulse from Anusuya Lahiri

May 02, 2024 | 6:36 pm

Swaggy Stocks has identified the top 7 trending stocks on WallStreetBets as of December 21, 2023. The stocks include UPRO, BB, TSLA, TQQQ, SPAM, QQQ, and XBI.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:23 pm

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