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DA Davidson Adjusts Price Target on Akamai Technologies to $125 From $115, Maintains Buy Rating
DA Davidson has increased its price target for Akamai Technologies (AKAM) to $125 from $115, while reiterating a “Buy” rating on the stock. This adjustment comes amidst other recent analyst activities, including Oppenheimer also raising their price target and Morgan Stanley upgrading their rating on Akamai. The company’s stock is showing positive performance with an over 21% change year-to-date.