Why Fastly Stock Popped Today
Shares of Fastly (NYSE: FSLY) rose 8.3% on Monday, after an analyst at (NYSE: C) upgraded shares of the leading cloud-computing services stock.
In 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 improved "track record of credibility-rehabilitation under new-ish CEO [Todd] Nightingale, whose product vision and crisper portfolio/packaging strategy should sustained balanced execution."
Source Fool.com
Citigroup Inc. Aktie
114,88 €
0,40 %
Überwältigende Zustimmung für Citigroup Inc. mit ausschließlich Buy-Einschätzungen.
Trotz eines Kursziels von 114 €, das unter 114.88 € liegt, ergibt sich für Citigroup Inc. ein negatives Potenzial von -0.77%.
