i have no time for it, but #s look good. i bought 6000 shares of akam. at 35.7
LONDON (MarketWatch) -- Piper Jaffray upgraded Akamai Technologies Inc (AKAM : akamai technologies inc com
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Last: 30.00-1.98-6.19%
8:20am 07/27/2006
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AKAM30.00, -1.98, -6.2%) to outperform from market perform, citing accelerating growth driven by broadband adoption and a surge in demand for digital media content. The broker also raised its price target on the Internet service provider to $43 from $30. Prudential also upgraded the company to overweight from neutral weight, citing the same reasons. "While we have been bullish for some time on the company's fundamental outlook, this quarter showed a considerable acceleration in growth where we thought we might to see growth moderate, plus strong leverage to the bottom line," Prudential said.