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3 Cloud Stocks to Watch as Analysts Turn Bullish
AKAMAkamai(AKAM) Schaeffers Investment Research·2024-12-02 17:26

Cloud companies are shining today, after a slew of analyst attention. Cloudflare Inc (NYSE:NET) stock scored an upgrade from Morgan Stanley to "overweight" from "equal weight" earlier, as well as a price-target hike to $130 from $92. The firm called the company "one of the most compelling secular stories” within the sector and added it could sustain revenue growth in the years ahead. Oppenheimer upgraded peers Akamai Technologies, Inc. (NASDAQ:AKAM) and Fastly Inc (NYSE:FSLY) to "outperform" from "perform." ...