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Enter Symbol:
 
Akamai Technologies, Inc. (AKAM) [hlAlert]

Rating:
Outperform
AKAM
up 119.90 %

Akamai Technologies, Inc. (AKAM) rated Outperform with price target $37 by Wedbush Morgan

Posted on: Thursday,  Mar 18, 2010  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Akamai Technologies, Inc. (NASDAQ: AKAM) on 03/18/2010, when the stock price was $32.06. Since
then, Akamai Technologies, Inc. has gained 119.90% as of 01/06/2016's recent price of $70.50.
If you would have followed this Wedbush Morgan's recommendation on AKAM, you would have gained 119.9% of your investment in 2120 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2010 9:25 AM Buy
None
32.06 37.00
as of 12/31/2010
1 Week up  1.72 %
1 Month down  -6.24 %
3 Months down  -2.49 %
1 YTD up  52.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2010 9:25 AM Buy
None
25.87 30.00
10/14/2009 9:25 AM Hold
None
21.54 22.00
4/30/2009 9:25 AM Hold
None
22.04 20.00
4/28/2009 9:25 AM Hold
None
19.56 18.00
11/21/2008 9:25 AM Hold
None
9.87 13.00
11/18/2008 10:25 AM Hold
None
12.19 14.00
10/2/2008 9:25 AM Hold
None
15.25 20.00
9/23/2008 8:25 AM Buy
None
17.56 23.00
7/31/2008 10:25 AM Buy
None
24.69 36.00
5/16/2008 10:25 AM Buy
None
39.74 45.00

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