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AKAM

Akamai

$71.59

-0.9 (-1.24%)

08:07
04/12/18
04/12
08:07
04/12/18
08:07

Akamai establishes $50M endowment for mathematics program

Akamai established a $50M endowment in support of The Akamai Foundation, a private corporate foundation dedicated to encouraging the next generation of technology innovators by promoting the pursuit of excellence in mathematics in grades K-12. The one-time endowment will help the Akamai Foundation continue to support STEM education, with a focus on mathematics, while growing its reach globally through direct grants to locally-registered charities and global non-government organizations that emphasize assisting under-represented groups within today's technology workforce.

  • 24

    Apr

  • 30

    Apr

AKAM Akamai
$71.59

-0.9 (-1.24%)

03/15/18
03/15/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. HD Supply (HDS) upgraded to Buy from Hold at SunTrust with analyst Keith Hughes saying the current valuation on the stock is too low at 10.7-times enterprise value to EBITDA, with his new price target taking that valuation to the upper middle of the distribution group range. 2. Viacom (VIAB) upgraded to Buy from Hold at Needham with analyst Laura Martin saying the stock's forward PE valuation at 8.2-times is 15%-30% below peers mainly due to Paramount's losses. 3. Akamai (AKAM) upgraded to Sector Weight from Underweight at KeyBanc with analyst Brandon Nispel saying Akamai's ability to expand margins is greater than he anticipated and that fears surrounding growth are "unlikely to come to fruition near term." 4. Aon plc (AON) upgraded to Buy from Neutral at Goldman Sachs while Willis Towers Watson (WLTW) was upgraded to Neutral from Sell. 5. Exxon Mobil (XOM) upgraded to Buy from Reduce at HSBC. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/29/18
MSCO
03/29/18
UPGRADE
Target $75
MSCO
Equal Weight
Akamai upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley analyst Keith Weiss resumed Akamai with an Equal Weight rating, up from the firm's prior Underweight rating. After a period of declining margins, he sees signs of stability, noting that following the involvement of activist Elliott Management the company has announced a 5% workforce reduction and new shareholder value initiatives. Also, the contribution from Akamai's top 6 Media customers looks to have stabilized after two years of steep declines and his customer survey indicating a more defensible core base, Weiss tells investors. He set a $75 price target on Akamai shares.
03/29/18
03/29/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Exelon (EXC) upgraded to Neutral from Sell at Goldman Sachs by analyst Michael Lapides, with a $43 price target, as the analyst sees higher sum-of-parts value, potential upside to consensus estimates, and few near-term negative catalysts. 2. Harley-Davidson (HOG) upgraded to Neutral from Underperform at Longbow by analyst David MacGregor, citing valuation despite channel checks that indicate continued weakness in U.S. sales. MacGregor continues to be concerned about weak U.S. retail sales trends but views shares as fairly valued following his downgrade in January. 3. Jacobs Engineering (JEC) upgraded to Buy from Hold at Deutsche Bank by analyst Chad Dillard, who said the market is pricing in a near certain probability the CH2M merger integration will fail. He believes the concerns are overdone and thinks the risk of this merger is lower than other deals in the space. Jacobs management has a strong execution track record, Dillard contended. The analyst sees a path to 65% earnings growth and a doubling of free cash flow over the next three years. As such, he views the stock as "significantly undervalued." 4. Akamai (AKAM) upgraded to Equal Weight from Underweight at Morgan Stanley by analyst Keith Weiss. After a period of declining margins, he sees signs of stability, noting that following the involvement of activist Elliott Management the company has announced a 5% workforce reduction and new shareholder value initiatives. Also, the contribution from Akamai's top 6 Media customers looks to have stabilized after two years of steep declines and his customer survey indicating a more defensible core base, Weiss said. 5. Yandex (YNDX) upgraded to Buy from Neutral at Citi by analyst Brady Martin, who updated his model to reflect the company's better than expected fiscal 2017 financials as well as the taxi transaction with Uber that closed in February. Martin noted that Yandex continues to increase share on both desktop and mobile. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/04/18
RILY
04/04/18
NO CHANGE
Target $6
RILY
Buy
Limelight oversold on lawsuit settlement, says B. Riley FBR
B. Riley FBR analyst Sameet Sinha views the selloff yesterday in shares of Limelight Networks (LLNW) after the company settled its outstanding litigation with Akamai (AKAM) as an overreaction. While Limelight did not receive a windfall, its litigation expense will now decline, Sinha tells investors in a research note. The analyst keeps a Buy rating on the shares with a $6 price target. Limelight closed yesterday down 11% to $3.89.

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HUYA

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$10.47

-3.49 (-25.00%)

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YUMC

Yum China

$36.25

2.03 (5.93%)

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  • 10

    Sep

AAP

Advance Auto Parts

$153.90

9.11 (6.29%)

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  • 14

    Aug

TPR

Tapestry

$51.19

3.77 (7.95%)

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  • 14

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AAP

Advance Auto Parts

$144.79

(0.00%)

09:44
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09:44
Technical Analysis
Technical Take: Advance Auto Parts at new 52-week high after earnings »

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  • 14

    Aug

FB

Facebook

$180.08

(0.00%)

, BABA

Alibaba

$177.65

(0.00%)

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$180.08

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Alibaba

$177.65

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MSFT

Microsoft

$108.24

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WFC

Wells Fargo

$57.64

(0.00%)

GOOGL

Alphabet Class A

$1,248.76

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GOOG

Alphabet

$1,235.10

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BLMN

Bloomin' Brands

$18.13

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NOC

Northrop Grumman

$292.10

(0.00%)

KDP

Keurig Dr Pepper

$23.75

(0.00%)

WRK

WestRock

$54.73

(0.00%)

CI

Cigna

$181.78

(0.00%)

EA

Electronic Arts

$131.29

(0.00%)

A

Agilent

$65.95

(0.00%)

AAPL

Apple

$208.87

(0.00%)

TIF

Tiffany

$130.88

(0.00%)

LRCX

Lam Research

$178.13

(0.00%)

HDS

HD Supply

$43.72

(0.00%)

ADSK

Autodesk

$133.41

(0.00%)

BSX

Boston Scientific

$33.30

(0.00%)

ZBH

Zimmer Biomet

$122.45

(0.00%)

JACK

Jack in the Box

$89.03

(0.00%)

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  • 15

    Oct

F

Ford

$9.46

(0.00%)

, BABA

Alibaba

$177.65

(0.00%)

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Ford

$9.46

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Alibaba

$177.65

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CMI

Cummins

$139.70

(0.00%)

, BZUN

Baozun

$52.66

(0.00%)

09:40
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Options
Unusually active option classes on open August 14th »

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CMI

Cummins

$139.70

(0.00%)

BZUN

Baozun

$52.66

(0.00%)

TPR

Tapestry

$47.42

(0.00%)

HD

Home Depot

$194.11

(0.00%)

SWN

Southwestern Energy

$5.34

(0.00%)

NWL

Newell Brands

$20.47

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XLE

Energy Select Sector SPDR

$74.30

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FXI

iShares China Large-Cap ETF

$42.15

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M

Macy's

$40.08

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Alibaba

$177.65

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General news
U.S. corporate bond update: issuance remains solid »

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DB

Deutsche Bank

$11.44

-0.375 (-3.17%)

09:39
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Periodicals
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SYNL

Synalloy

$23.55

(0.00%)

09:39
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  • 29

    Aug

SWCH

Switch

$13.96

-0.11 (-0.78%)

09:36
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Recommendations
Switch analyst commentary  »

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HD

Home Depot

$194.11

-2.19 (-1.12%)

09:35
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  • 14

    Aug

F

Ford

$9.46

-0.275 (-2.82%)

09:33
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Periodicals
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  • 15

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CPT

Camden Property

$92.39

-0.01 (-0.01%)

09:31
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  • 14

    Aug

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General news
Stocks open higher as Turkey concerns ease »

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ABIL

Ability

$5.95

1.38 (30.20%)

09:30
08/14/18
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Syndicate
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09:30
08/14/18
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General news
The U.S. July trade price report was weak »

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TPR

Tapestry

$47.42

-0.52 (-1.08%)

09:29
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  • 14

    Aug

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DHT

DHT Holdings

$4.31

-0.015 (-0.35%)

09:29
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08/14
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09:29
Downgrade
DHT Holdings rating change  »

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  • 01

    Oct

ABIL

Ability

$5.95

1.38 (30.20%)

09:28
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09:28
Syndicate
Ability announces registered direct offering »

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TGEN

Tecogen

$3.33

0.03 (0.91%)

09:25
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Hot Stocks
Tecogen receives U.S. patent for catalyst formulation for Ultera emissions »

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  • 14

    Aug

MAR

Marriott

$120.48

0.23 (0.19%)

09:25
08/14/18
08/14
09:25
08/14/18
09:25
Upgrade
Marriott rating change  »

Marriott upgraded to…

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