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AKAM Market Currents
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May 15 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.
Comment![Tech, On the Move, Quick Ideas]
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at CNBC.com (May 15, 2012)
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at MarketWatch.com (May 3, 2012)
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at MarketWatch.com (Apr 26, 2012)
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at MarketWatch.com (Apr 26, 2012)
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at MarketWatch.com (Apr 26, 2012)
AKAM Press Releases and Filings
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PR Newswire (May 11, 2012)
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Company Description
Akamai provides services for accelerating and improving the delivery of content and applications over the Internet; ranging from live and on-demand streaming video capabilities to conventional content on websites, to tools that help people transact business and reach out to new and existing... More
