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2021-12-05

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Fastly stock climbed nearly 5% in premarket trading

Fastly stock climbed nearly 5% in premarket trading after Raymond James upgraded the company. Raymo

Fastly stock climbed nearly 5% in premarket trading

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFastly stock climbed nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-03 19:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Fastly stock climbed nearly 5% in premarket trading&nbsp;after&nbsp;Raymond&nbsp;James&nbsp;upgraded&nbsp;the&nbsp;company.</p>\n<p><img src=\"https://static.tigerbbs.com/c22bad4591e0eb973fa99c489362a47d\" tg-width=\"851\" tg-height=\"619\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Raymond James</b>&nbsp;analyst Frank Louthan upgraded&nbsp;<b>Fastly Inc</b>&nbsp;to Outperform from Market Perform&nbsp;with a $42 price target, implying 15.2% upside.</p>\n<ul>\n <li>Louthan says that the shares are about two points off the 52-week low and 20% below the 50-day moving average, with a recent uptick in short interest.</li>\n <li>However, Raymond James' propriety tracking tool suggests another sequential uptick in traffic and that Fastly should beat the high end of its revenue outlook, Louthan adds.</li>\n <li>This is a \"recipe for near-term share price appreciation,\" says the analyst.</li>\n <li>Fastly operates a content delivery network (CDN), which enables entities to provide faster and more reliable online content.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150593666","content_text":"Fastly stock climbed nearly 5% in premarket trading after Raymond James upgraded the company.\n\nRaymond James analyst Frank Louthan upgraded Fastly Inc to Outperform from Market Perform with a $42 price target, implying 15.2% upside.\n\nLouthan says that the shares are about two points off the 52-week low and 20% below the 50-day moving average, with a recent uptick in short interest.\nHowever, Raymond James' propriety tracking tool suggests another sequential uptick in traffic and that Fastly should beat the high end of its revenue outlook, Louthan adds.\nThis is a \"recipe for near-term share price appreciation,\" says the analyst.\nFastly operates a content delivery network (CDN), which enables entities to provide faster and more reliable online content.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1092,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}