DA Davidson maintains Neutral rating on Fastly, $23 price target
DA Davidson maintained their Neutral rating on Fastly's stock with a price target of $23.00.The price target implies a downside of 11.8% from the Sep 22 close of $26.08.Key takeaways from the analyst noteValuation Concerns: Fastly's stock is currently trading at approximately 47x P/E based on CY27…