Akamai

AKAM

Market cap $13B

Akamai Technologies (AKAM) closed the most recent trading day at $90.65, moving +2.01% from the previous trading session.

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An analyst effected a double upgrade on his Akamai take. He's now convinced it's a buy, representing a 180-degree shift from his previously bearish view.

Shares of cloud computing name  Akamai Technologies Inc (NASDAQ:AKAM) were last seen up 5.6% to trade at $93.09, after a rare double upgrade from Morgan Stanley to "overweight" from "underweight.

It's a mixed picture for analysts in the tech space to start the trading week. Diane King Hall explains why Morgan Stanley issued a double upgrade for Akamai Technologies (AKAM).

Akamai Technologies (AKAM) concluded the recent trading session at $85.71, signifying a -2.8% move from its prior day's close.

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In the most recent trading session, Akamai Technologies (AKAM) closed at $85.1, indicating a -2.46% shift from the previous trading day.

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AKAM launches ISV Catalyst, a referral-based partner program that cuts first-year fees and helps ISVs build, market and sell on its global cloud.