Fastly price target lowered to $9 from $11.50 at DA Davidson

Group 1 - DA Davidson lowered the price target on Fastly (FSLY) to $9 from $11.50 while maintaining a Neutral rating on the shares ahead of its Q4 results [1] - The firm is optimistic about the setup for the quarter, citing recent price action and positive management commentary regarding traffic growth and pricing during intra-quarter conversations and investor meetings [1]