Akamai (AKAM +5.4%) shares bounce higher after Stifel Nicolaus lifts its rating to Buy from...

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

Akamai (AKAM +5.4%) shares bounce higher after Stifel Nicolaus lifts its rating to Buy from Hold. Akamai’s recent downbeat forecast reflected weakness in its media sector business, which Nicolaus says has always had an outsized effect on the stock; the time to buy is “when this segment and sentiment overall is weaker, as the cycle should eventually reverse.”