UPDATE: D.A. Davidson Downgrades Akamai Technologies to Neutral on Multiple Positive Factors
May 30, 2013 at 09:49 AM EDT
In a report published Thursday, D.A. Davidson analyst Donna Jaegers downgraded the rating on Akamai Technologies (NASDAQ: AKAM ) from Buy to Neutral, but reiterated the $50.00 price target. In the report, D.A. Davidson noted, “Several positives support current valuation. After beating Q1 expectations, AKAM's stock has risen 28.5% and
