UPDATE: D.A. Davidson Reiterates on Akamai Technologies Following Strong Q4 Report
February 07, 2014 at 07:55 AM EST
In a report published Friday, D.A. Davidson analyst Mark Kelleher reiterated a Buy rating on Akamai Technologies (NASDAQ: AKAM ), and raised the price target from $62.00 to $63.00. In the report, D.A. Davidson noted, “Akamai reported December quarter (Q4) revenues of $436 million and non-GAAP EPS of $0.55, well