Canaccord Genuity upgraded Akamai Technologies (NASDAQ: AKAM) from Hold to Buy with a price target of $45.00 (from $37.00) following third quarter results.

NOTE: This is one of two upgrades so far today for AKAM.

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 $36.11 yesterday, with a 52 week range of $22.83-$40.32.

Analyst PT Change Hot Upgrades Upgrades

Akamai (AKAM) Accelerates Itself Following Strong Q3 and Surprising Q4 OutlookOctober 25, 2012 11:56 AM Oppenheimer Upgrades Akamai Technologies (AKAM) to OutperformOctober 25, 2012 6:49 AM Akamai Technologies, Inc. (AKAM) Tops Q3 EPS by 2cOctober 24, 2012 4:29 PM