Oppenheimer analyst Timothy Horan upgraded Akamai (AKAM) to Outperform saying the Trump administration and Republican-led Congress should be very positive for the Communication and Cloud sector. Lower taxes, less regulation, incentives to spend on infrastructure and "what could be a unique time to roll out disruptive services and consolidate should be very positive for our sector," Horan tells investors in a research note. He has an $80 price target for Akamai shares. The analyst also raised his price target for Microsoft to $70 from $65 and for Boingo Wireless (WIFI) to $15 from $12. Both of the stocks remain Outperform rated.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Shares of Walmart-backed (WMT) Ibotta soared in their market debut, rising more than 30% and giving the digital marketing company a valuation of about $3. 55B... To see the rest of the story go to thefly.com. See Story Here