Akamai Technologies (AKAM) to Acquire Noname

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Akamai Technologies (AKAM) PT Lowered to $125 at DA Davidson Following Acquisition of Noname Security

May 7, 2024 9:17 AM EDT

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $125.00 (from $145.00) while maintaining a Buy rating.

The analyst comments "This morning, AKAM announced that they have entered into an agreement to acquire San Jose, CA based API... More