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Zacks Investment Research upgraded Akamai Technologies, Inc. (NASDAQ:AKAM) to Hold in a statement released today.

Zacks Investment Research has upgraded Akamai Technologies, Inc. (NASDAQ:AKAM) to Hold in a report released on 9/27/2016.

Only yesterday Akamai Technologies, Inc. (NASDAQ:AKAM) traded 1.29% higher at $52.29. Akamai Technologies, Inc.’s 50-day average is $52.84 and its 200-day moving average is $53.34. The last closing price is down -1.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 560,611 shares of the stock were exchanged, down from an average trading volume of 2,171,510

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Akamai Technologies, Inc. (NASDAQ:AKAM)

Akamai Technologies, Inc. has a one year low of $39.43 and a 52 week high of $76.39 with a PE ratio of 28.78 Akamai Technologies, Inc.’s market capitalization is presently $0.

A total of 20 analysts have released a report on Akamai Technologies, Inc.. Five analysts rating the company a strong buy, nine analysts rating the company a buy, nine analysts rating the company a hold, two analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $60.75.

General Company Details For Akamai Technologies, Inc. (NASDAQ:AKAM)

Akamai Technologies, Inc. is engaged in providing cloud services for delivering, optimizing and securing content and business applications over the Internet. The Company's across the globe distributed platform comprises approximately 200,000 servers in over 1,400 networks in over 120 countries. It is involved in offering content delivery network (CDN) services. Its services include the delivery of content, applications and software over the Internet, as well as mobile and security solutions, and enterprise professional services. Its solutions include Performance and Security Solutions, Media Delivery Solutions, and Service and Support Solutions. Performance and Security Solutions are designed to help Websites and business applications operate while offering protection against security threats. Media Delivery Solutions are designed to enable enterprises to execute their digital media distribution strategies. Service and Support Solutions offer professional services and solutions.

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