Akamai (AKAM) Reports Shareholder Value Initiatives in Pact with Elliott Management

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Akamai Technologies (AKAM) PT Raised to $90 at Deutsche Bank; Positive on New Shareholder Value Initiatives

March 9, 2018 7:54 AM EST

Deutsche Bank raised its price target on Akamai Technologies (NASDAQ: AKAM) to $90.00 (from $85.00) while maintaining a Buy rating, saying they are positive on new shareholder value initiates.

The initiatives include a newly formed Financial Operating Committee primarily focused on margin improvement, while... More