------TARGET PRICE $32.50------ENTRY LEVEL $25.50-------.
BELOW $25 SUPPORT LOST, TIGHT STOP LOSS.
Source Motley Fool
On Aug. 9, following the company's second-quarter update, Stifel analyst Brad Reback reiterated a buy rating on the stock, noting its attractive valuation. On the same day, Baird analyst William Power reiterated his outperform rating, noting that the stock's pullback after its second-quarter update was a buying opportunity. Last Wednesday, Piper Jaffray analyst James Fish initiated the tech stock with an overweight rating.
Fastly's second-quarter results earlier this month marked the company's first quarterly report as a public company. Revenue during the period increased 34% year over year to $46 million, and its non-GAAP (adjusted) loss per share narrowed from $0.20 in the year-ago quarter to $0.16.
BELOW $25 SUPPORT LOST, TIGHT STOP LOSS.
Source Motley Fool
On Aug. 9, following the company's second-quarter update, Stifel analyst Brad Reback reiterated a buy rating on the stock, noting its attractive valuation. On the same day, Baird analyst William Power reiterated his outperform rating, noting that the stock's pullback after its second-quarter update was a buying opportunity. Last Wednesday, Piper Jaffray analyst James Fish initiated the tech stock with an overweight rating.
Fastly's second-quarter results earlier this month marked the company's first quarterly report as a public company. Revenue during the period increased 34% year over year to $46 million, and its non-GAAP (adjusted) loss per share narrowed from $0.20 in the year-ago quarter to $0.16.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.