Dougherty & Co Reiterates a 'Buy' on Akamai Technologies (AKAM); eCommerce Helps Another Strong Qtr
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Price: $123.07 -1.54%
Rating Summary:
18 Buy, 20 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
18 Buy, 20 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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Dougherty & Co reiterates a 'Buy' on Akamai Technologies (NASDAQ: AKAM) price target of $43.00.
Analyst, Mark Kelleher, said, "We believe the Q2 results are consistent with our thesis that AKAM is a uniquely positioned Internet Infrastructure provider, benefiting from Internet growth, generating a significant amount of cash, with several large growth vectors available to it."
For 2012 revenue estimate from $1.35B to $1.36B; EPS estimate from $1.67 to $171.
For an analyst ratings summary and ratings history on Akamai Technologies click here. For more ratings news on Akamai Technologies click here.
Shares of Akamai Technologies closed at $28.25 yesterday.
Analyst, Mark Kelleher, said, "We believe the Q2 results are consistent with our thesis that AKAM is a uniquely positioned Internet Infrastructure provider, benefiting from Internet growth, generating a significant amount of cash, with several large growth vectors available to it."
For 2012 revenue estimate from $1.35B to $1.36B; EPS estimate from $1.67 to $171.
For an analyst ratings summary and ratings history on Akamai Technologies click here. For more ratings news on Akamai Technologies click here.
Shares of Akamai Technologies closed at $28.25 yesterday.
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