Akamai Technologies (AKAM) Tops Q4 EPS by 6c

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Go back to Akamai Technologies (AKAM) Tops Q4 EPS by 6c

Akamai (AKAM) PT Raised to $75 at Canaccord Genuity Amid Strong Q4; Sees 'Beat-and-Raise' Type Year Ahead

February 11, 2015 8:37 AM EST

Canaccord Genuity analyst Gregory Miller reiterated a Buy rating and boosted his price target on Akamai Technologies (NASDAQ: AKAM) to $75.00 (from $68.00) following better-than-expected 4Q14 results and solid guidance despite FX.

Miller commented, "Akamai once again reported exceptionally strong quarterly results despite a strong... More