Akamai (AKAM +2.7%) catches a bid on an upgrade to Buy from Janney's Richard Fetyko, who says an...

|About: Akamai Technologies, Inc. (AKAM)|By:, SA News Editor

Akamai (AKAM +2.7%) catches a bid on an upgrade to Buy from Janney's Richard Fetyko, who says an HQ visit left him more confident about accelerating 2H revenue growth for Akamai's high-margin cloud delivery business, whose Q1 sales were disappointing. Fetyko also sees less competitive risk from telcos and rival content delivery network (CDN) owner Limelight (LLNW), and better pricing trends. Akamai was hammered by weak EPS and margin guidance last month.