DA Davidson Analyst Takes Contrarian View: Upgrades Akamai (AKAM) to Buy

July 31, 2009 10:43 AM EDT
Get Alerts AKAM Hot Sheet
Price: $120.19 +1.16%

Rating Summary:
    19 Buy, 18 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 12 | New: 12
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Following Akamai's (Nasdaq: AKAM) Q2 earnings miss reported on Wednesday night, numerous analysts issued downgrades on the volatile tech stock. Shares of Akamai tumbled more than 19% on the worse-than-expected results and the downgrades yesterday.

One analyst, however, from DA Davidson, pounded a convicted fist on the metaphorical table, upgrading shares of Akamai from Neutral to Buy.

To see all the analyst upgrades/downgrades on Akamai in a list form, visit our Analyst Ratings page.

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