Latest Upgrade has mixed forecast... AKAM second half of the year faces risk
Macquarie analyst Kevin Smithen wrote:
"He raised his price target on the Akamai shares to $70 from $59. WHAT'S NOTABLE: The analyst warned that his upgrade does not mean that he has a positive outlook on Akamai's Q2 results or its profit margin guidance for the rest of the year. In fact, the company's margin guidance for the second half of the year is the main risk facing the stock, he stated."