Tigress Financial Remains a Buy on Akamai (AKAM)

In a report issued on January 15, Ivan Feinseth from Tigress Financial maintained a Buy rating on Akamai (AKAMResearch Report). The company’s shares closed last Friday at $106.45.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 19.2% and a 70.7% success rate. Feinseth covers the Technology sector, focusing on stocks such as Alphabet Class A, Cisco Systems, and Microsoft.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Akamai with a $121.00 average price target.

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The company has a one-year high of $120.00 and a one-year low of $75.18. Currently, Akamai has an average volume of 1.69M.

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Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure. The company was founded by Frank Thomson Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel Mark Lewin on August 20, 1998 and is headquartered in Cambridge, MA.