capital · May 16, 2026
Akamai Upgraded to Buy by BofA with Price Target Raised to $175
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BofA upgraded Akamai Technologies to Buy on May 14, 2026, and raised the price target to $175 from a prior level. The upgrade cites Akamai's partnership with AMD expected to enhance future demand for its platform. Akamai Connected Cloud forms the core of the company's edge and cloud offerings referenced in the analysis. Analysts highlighted Akamai's positioning ahead of the LayerX acquisition announcement.
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