Fastly (NYSE:FSLY) Now Covered by Analysts at Citigroup

Equities researchers at Citigroup initiated coverage on shares of Fastly (NYSE:FSLY) in a note issued to investors on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the stock.

FSLY has been the topic of several other research reports. Robert W. Baird assumed coverage on Fastly in a research note on Tuesday. They issued an “outperform” rating and a $28.00 price objective on the stock. DA Davidson assumed coverage on Fastly in a research note on Tuesday. They issued a “buy” rating and a $26.50 price objective on the stock. CIBC assumed coverage on Fastly in a research note on Tuesday. They issued an “outperform” rating and a $27.00 price objective on the stock. Bank of America assumed coverage on Fastly in a research note on Tuesday. They issued a “buy” rating and a $26.00 price objective on the stock. Finally, Stifel Nicolaus assumed coverage on Fastly in a research note on Tuesday. They issued a “buy” rating and a $25.00 price objective on the stock. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $26.36.

Fastly stock opened at $22.87 on Wednesday. Fastly has a 12 month low of $19.33 and a 12 month high of $25.67.

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Analyst Recommendations for Fastly (NYSE:FSLY)

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