Akamai Technologies (AKAM) to Acquire Exceda

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JPMorgan Happy With Akamai Technologies (AKAM) Efforts to Bolster Direct Presence in LatAm

September 9, 2019 11:41 AM EDT

JPMorgan analyst Sterling Auty reiterated an Overweight rating and $106.00 price target on Akamai Technologies (NASDAQ: AKAM).

THe analyst remains positive following the company's acquisition of Exceda noting the deal is a way for AKAM to increase its direct presence in Latin America and... More