Akamai Technologies (AKAM) Reports In-Line Q2 EPS

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KeyBanc/Pacific Crest Downgrades Akamai Technologies (AKAM) to Sector Weight

July 27, 2016 6:58 AM EDT

KeyBanc/Pacific Crest downgraded Akamai Technologies (NASDAQ: AKAM) from Overweight to Sector Weight and removed its price target. Analyst Michael Bowen highlighted DIY pressure and lack of OTT visibility.

"We are downgrading AKAM to Sector Weight after the company lowered... More