Akamai downgraded by BofA, Piper Sandler on multi-year transition concerns

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Akamai Technologies (AKAM) PT Lowered to $95 at Citi

February 21, 2025 10:11 AM EST

Citi analyst Fatima Boolani lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $95.00 (from $102.00) while maintaining a Neutral rating.

The analyst comments "A mixed-bag C4Q (slight Delivery beat despite Edgio implies light organic, with Security+Compute inline; OPM upsiding while FCF... More