Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to help Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, including games, progressive media files, documents, and other file-based content.
Zacks downgrade had no impact Akamai (AKAM) Downgraded to Strong Sell on DIY Woes http://finance.yahoo.com/news/akamai-akam-downgraded-strong-sell-151803664.html
Reported after close today (10/25/16) Earnings: EPS $0.68 Revenue $584.1M Estimates: EPS $0.61 Revenue $571.87M Up 8.35% after hours
Analyst Upgrade/Downgrade Update Brokerage firm: FBR & Co. Change: Upgrade Previous Rating: Underperform Current Rating: Market Perform Previous Price Target: $42 Current Price Target: $55
Analyst Upgrade/Downgrade Update Brokerage firm: Deutsche Bank Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $70 Current Price Target: $75 Analyst Upgrade/Downgrade Update Brokerage firm: RBC Capital Mkts Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Sector Perform Previous Price Target: $59 Current Price Target: $67
