{"id":404474,"date":"2026-01-13T11:13:15","date_gmt":"2026-01-13T11:13:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/404474\/"},"modified":"2026-01-13T11:13:15","modified_gmt":"2026-01-13T11:13:15","slug":"morgan-stanley-double-upgrades-this-cybersecurity-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/404474\/","title":{"rendered":"Morgan Stanley double upgrades this cybersecurity stock"},"content":{"rendered":"<p>Morgan Stanley believes that things look up from here Akamai Technologies . The bank double upgraded the cybersecurity and cloud computing stock to overweight from underweight. Analyst Sanjit Singh also hiked his price target to $115 from $83, which implies upside of 31%. The analysts said that, with shares trading at around 11 times earnings per share for the 2027 calendar year, they look attractive. He added that investors have seemingly &#8220;underpriced&#8221; Akamai&#8217;s potential for improving growth. AKAM 1Y mountain AKAM 1Y chart &#8220;We now believe Akamai is approaching an important inflection point in its long-term business model evolution that should enable better top-line growth and faster EPS growth in the years ahead,&#8221; he wrote. Coming out of the pandemic, overall revenue growth for Akamai has been stuck in a range of between 4% to 5%, Singh wrote. The company&#8217;s earnings per share has also been growing at a similar annual rate since 2021. But the analyst now believes that key drivers for better revenue growth include the stabilization of Akamai&#8217;s content delivery business, sustained high-single-digit growth in security and accelerating growth into the high teens for its compute business. &#8220;Importantly, we think growing contribution from the public cloud unit (Linode) and the recently launched Akamai Inference Cloud (an NVIDIA GPU-as-a-Service for inference offering) can not only help accelerate growth in the Compute business but also serve as a catalyst for overall multiple re-rating,&#8221; the analyst added. Shares of Akamai have slipped 1% over the past 12 months. On Monday, they gained more than 4% following the double upgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"Morgan Stanley believes that things look up from here Akamai Technologies . The bank double upgraded the cybersecurity&hellip;\n","protected":false},"author":2,"featured_media":404475,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[171424,28,122,113,114],"class_list":["post-404474","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-akamai-technologies-inc","tag-business","tag-business-news","tag-investment-strategy","tag-stock-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/404474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=404474"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/404474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/404475"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=404474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=404474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=404474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}