Why Fastly Stock Popped Today

Shares of Fastly (FSLY 8.32%) rose 8.3% on Monday, after an analyst at Citigroup (C 2.56%) upgraded shares of the leading cloud-computing services stock.This analyst is more optimistic for Fastly's futureIn a note to clients Monday, Citi analyst Fatima Boolani upgraded its rating on Fastly to neutral from sell and significantly raised the firm's per-share price target on the stock to $20 from $11. Fastly closed the day at $20.32 per share. To justify her relative bullishness, Boolani pointed to Fastly's imp ...