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Akamai Technologies, Inc. (AKAM) [hlAlert]

Rating:
Buy AKAM
up 92.78 %

Akamai Technologies, Inc. (AKAM) rated Buy with price target $40 by Canaccord Adams

Posted on: Thursday,  Jul 31, 2008  11:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Akamai Technologies, Inc. (NASDAQ: AKAM) on 07/31/2008. Previously Canaccord Adams rated Buy Akamai Technologies, Inc. (NASDAQ: AKAM) on
11/19/2007., when the stock price was $36.57. Since then, Akamai Technologies, Inc. has gained 92.78% as of 01/06/2016's recent price of $70.50.
If you would have followed the previous Canaccord Adams's recommendation on AKAM, you would have gained 92.78% of your investment in 2970 days.

Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2008 11:25 AM Buy
None
23.18 40.00
as of 12/24/2008
1 Week down  -4.83 %
1 Month up  1.14 %
3 Months up  45.37 %
1 YTD up  29.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2008 11:25 AM Buy
None
34.33 50.00
11/19/2007 11:25 AM Buy
None
36.57 44.50

(*) Stock Price at the time of the recommendation.
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