Fastly Inc. (FSLY) PT Lowered to $9 at DA Davidson: 'We like the Set Up into the Print'

DA Davidson analyst Rudy Kessinger lowered the price target on Fastly Inc. (NASDAQ: FSLY) to $9.00 (from $11.50) while maintaining a Neutral rating.

The analyst commented, "We like the setup for FSLY into the print again this qtr., particularly given recent price action (-35% from Nov'25 high) & upbeat mgmt. commentary on traffic growth & pricing in our intra-qtr. convos & investor meetings. We thus expect solid Q4 results w/ top & bottom line upside & an initial CY26 guide that is modestly ahead of current cons. expectations. We are revising our CY26 Op Profit est. lower to more appropriately reflect the ~25-40% incremental Op Margin framework that mgmt. has been sharing in recent quarters. Remain NEUTRAL; lowering PT from $11.50 to $9. "

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