Akamai-Anthropic Deal’s Magnitude Is Impressive, Says Piper Sandler — Sees It Shift From Being A Value Asset To A Hypergrowth One
Akamai Technologies Inc. (AKAM) shares were in the spotlight on Friday as analysts argued its expanded Anthropic agreement could materially change the company’s growth and profitability profile.According to TheFly, Piper Sandler delivered the strongest reassessment, raising its price target to $158…