Akamai Technologies (AKAM) Tops Q3 EPS by 4c

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FBR Capital Downgrades Akamai Technologies (AKAM) to Underperform

October 29, 2015 6:41 AM EDT

FBR Capital downgraded Akamai Technologies (NASDAQ: AKAM) from Market Perform to Underperform with a price target of $49.00 (from $59.00), saying lower media traffic outlook to drive lower 2016 growth.

Analyst David Dixo commented, "Yesterday, following its 3Q15 earnings report, AKAM shares were down ~17% on a more muted media traffic outlook, which appears... More

Deutsche Bank Remains in Bull Camp on Akamai (AKAM)

October 28, 2015 8:53 AM EDT

Deutsche Bank maintained a Buy rating on Akamai Technologies (NASDAQ: AKAM) with a price target of $80. Shares declined after it reported Q3 results and weak Q4 guidance.

"The Q4 guide: $557M-577M / 60-64c disappointed versus consensus: $596.7M / 66c, the weakness driven mainly by anticipated revenue declines at 3 major media customers (tough Y/Y comps and Do It Yourself initiatives around Software Downloads, etc). We... More

Craig-Hallum Downgrades Akamai Technologies (AKAM) to Hold

October 28, 2015 7:54 AM EDT

Craig-Hallum downgraded Akamai Technologies (NASDAQ: AKAM) from Buy to Hold.

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 $75.55 yesterday.

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JPMorgan Downgrades Akamai Technologies (AKAM) to Neutral

October 28, 2015 6:44 AM EDT

JPMorgan downgraded Akamai Technologies (NASDAQ: AKAM) from Overweight to Neutral with a price target of $65.00 (from $75.00).

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 $75.55 yesterday.

... More

Canaccord Genuity Downgrades Akamai Technologies (AKAM) to Hold

October 28, 2015 6:43 AM EDT

Canaccord Genuity downgraded Akamai Technologies (NASDAQ: AKAM) from Buy to Hold with a price target of $65.00 (from $75.00).

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 $75.55 yesterday.

... More

Cowen Downgrades Akamai Technologies (AKAM) to Market Perform; Lack of Visibility/Catalysts

October 28, 2015 6:26 AM EDT

Cowen downgraded Akamai Technologies (NASDAQ: AKAM) from Outperform to Market Perform with a price target of $70.00 (from $75.00), citing lack of visibility and catalyst following Q3 results and weak guidance.

Analyst Colby Synesael commented, "AKAM reported in-line 3Q15 results/provided 4Q15 guidance... More