JPMorgan analyst Sterling Auty upgraded Akamai Technologies to Overweight and raised his price target for the shares to $90 from $75. The stock closed yesterday up 7% to $75.08 after the company announced shareholder value initiatives. Management is embracing the right strategy proposed by activist investor Elliot Management by focusing on margin improvement, cybersecurity, and capital return, Auty tells investors in a research note. Further, the analyst believes headwinds like price impacts on key contract renewals are now factored into estimates while the business, including the media segment, is poised for improvement.