Fastly (NYSE:FSLY) Research Coverage Started at Raymond James

Raymond James initiated coverage on shares of Fastly (NYSE:FSLY) in a research report issued on Wednesday, Benzinga reports. The firm set a “market perform” rating and a $22.87 price target on the stock. Raymond James’ price objective suggests a potential upside of 2.16% from the company’s previous close.

Several other equities analysts have also issued reports on the stock. CIBC started coverage on shares of Fastly in a report on Tuesday. They set an “outperform” rating and a $27.00 price objective on the stock. DA Davidson assumed coverage on shares of Fastly in a research note on Tuesday. They issued a “buy” rating and a $26.50 target price for the company. Bank of America assumed coverage on shares of Fastly in a research note on Tuesday. They issued a “buy” rating and a $26.00 target price for the company. Robert W. Baird assumed coverage on shares of Fastly in a research note on Tuesday. They issued an “outperform” rating and a $28.00 target price for the company. Finally, Credit Suisse Group assumed coverage on shares of Fastly in a research note on Tuesday. They issued an “outperform” rating and a $25.00 target price for the company. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $25.60.

Shares of FSLY stock opened at $22.39 on Wednesday. Fastly has a 52-week low of $19.33 and a 52-week high of $25.67.

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Analyst Recommendations for Fastly (NYSE:FSLY)

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