Akamai Technologies Acquires Select Customer Contracts from Lumen
FREE Breaking News Alerts from StreetInsider.com!
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
- Needham Starts NeoVolta (NEOV) at Buy
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- SanDisk stock target lifted by Citi on continued demand strength
Akamai Technologies (AKAM) Mentioned Positively at Citi, PT Raised to $112
October 11, 2023 4:13 PM EDTCiti analyst Fatima Boolani raised the price target on Akamai Technologies (NASDAQ: AKAM) to $112.00 (from $105.00) while maintaining a Neutral rating.
The analyst comments "
We are positive on AKAM acquiring select Lumen CDN customer contracts and see this development stabilizing and perhaps even reversing... More

