KeyBanc downgrades Akamai Technologies (NASDAQ:AKAM) from Sector Weight to Underweight with a $51 price target, which is 23% below yesterday's closing price.
Analyst Brandon Nispel says activist Elliot Management’s involvement increases the chance of a takeout. But Nispel doesn’t think a takeover is likely with the currently “elevated” valuation given Akamai’s “deteriorating fundamental profile.”
Under a leveraged buyout, Nispel thinks the company could receive a 20% to 25% premium.
MG+M The Law Firm (MG+M) is pleased to announce that it has elevated attorneys Stephanie M. Chesney
Burns & Levinson announced today that well-known plaintiff employment litigator Beth R. Myers has joined the firm
BayCoast Bank is delighted to announce Nicole Almeida as Senior Vice President, Chief Diversity Officer (CDO)
BayCoast Bank is pleased to announce Robert Bergdoll of Attleboro, Massachusetts, as First Vice President Marketing Director
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