HomeInvestingOptionsAkamai (AKAM) Touches New High After Earnings Beat

Akamai (AKAM) Touches New High After Earnings Beat

Akamai (AKAM) touches a new 52-week high after an earnings beat. Its sales and marketing expenses came in at $132.3M and general and admin expenses came in at $147.3M. AKAM raised its 4Q and FY23 guidance. Keybanc raised its price target on AKAM to $134 from $120 and kept its overweight rating. Tsilis then demonstrates an example trade using AKAM. Tune in to find out more about the stock market today.

Trading 360

09 Nov 2023

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