Bersey doubts Akamai's ability to meet its guidance due to p...
Bersey doubts Akamai's ability to meet its guidance due to persistent weakness in its content business. Despite high capex to revenue ratio, he expects only 3-4% rise in adjusted earnings per share this year and next. He also finds the stock expensive.
Akamai Downgraded at HSBC on Expectations of Further Weakness in Core Business
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment