7 days ago
RBC Capital Sticks to Their Hold Rating for Akamai (AKAM)
In a report released on July 20, Rishi Jaluria from RBC Capital maintained a Hold rating on Akamai, with a price target of $80.00. The company's shares closed yesterday at $78.71.
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Jaluria covers the Technology sector, focusing on stocks such as Salesforce, Microsoft, and Pegasystems. According to TipRanks, Jaluria has an average return of -9.3% and a 45.60% success rate on recommended stocks.
Currently, the analyst consensus on Akamai is a Hold with an average price target of $92.55.
AKAM market cap is currently $11.5B and has a P/E ratio of 26.54.
