Android app on Google Play

Piper Jaffray Cuts Akamai (AKAM) to Neutral

July 28, 2011 11:20 AM EDT Send to a Friend
Get Alerts AKAM Hot Sheet
Price: $60.86 -0.15%

Rating Summary:
    23 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 9 | New: 11
Trade AKAM Now!
Join SI Premium – FREE
An analyst at Piper Jaffray downgraded shares of Akamai Technologies (NASDAQ: AKAM) from Overweight to Neutral Thursday morning following very concerning Q2 results from the company last night. The firm slashed its price target from $45 to $26.

Shares of Akamai are down more than 19 percent to around $23.84 this morning.

For more ratings news on Akamai Technologies click here and for the rating history of Akamai Technologies click here.

You May Also Be Interested In

Related Categories


Related Entities

Piper Jaffray

Add Your Comment