BofA analysts calls are over e_老虎社区_美港股上老虎

2023-02-15

BofA analysts calls are over exaggerated and causing the stock to be way overbought now. A correction is due.

Fastly Shares Surge 27%; BofA Boosts Rating All the Way to Buy

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A correction is due.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/625295413","repostId":2311186722,"repostType":2,"repost":{"id":"2311186722","pubTimestamp":1676340511,"share":"https://www.laohu8.com/m/news/2311186722?lang=&edition=full","pubTime":"2023-02-14 10:08","market":"us","language":"en","title":"Fastly Shares Surge 27%; BofA Boosts Rating All the Way to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2311186722","media":"Seekingalpha","summary":"Fastly shares show no signs of cooling down Monday, and remained up by 27.66% after Bank of America ","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/FSLY\">Fastly</a> shares show no signs of cooling down Monday, and remained up by 27.66% after Bank of America Securities analyst Tal Liani upgraded the cloud-services tech company due to a handful of factors such as the efforts of its new management team.</p><p><img src=\"https://static.tigerbbs.com/4f9635c492c68067dfe0d72030e2b0bb\" tg-width=\"821\" tg-height=\"666\" width=\"100%\" height=\"auto\"/></p><p>Liani lifted Fastly all the way from underperform, or sell, up to buy, and boosted his price target on the company&#39;s stock to $16 a share from $10.50. Liani said that while Fastly&#39;s (FSLY) &#34;short term results could still fluctuate,&#34; the company has &#34;solid underlying foundations&#34;, and new Chief Executive Todd Nightingale has taken steps to streamline its product portfolio, pricing and other business aspects.</p><p>Nightengale joined Fastly in September 2022 from Cisco Systems (CSC0), and has instituted a companywide turnaround strategy that includes more focus on core strengths and moving into network security.</p><p>Liani said that Fastly core technology and network products need to be &#34;sharpened&#34;, but &#34;could serve as a solid foundation for the other adjacent services&#34; that the company offers.</p><p>Wall Street analysts have a consensus hold rating on Fastly&#39;s stock, while Seeking Alpha authors give the shares a rating of buy Seeking Alpha&#39;s Quant System, which historically outperforms the stock market, gives Fastly a rating of hold.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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