RBC Capital analyst Rishi Jaluria maintained a Sell rating on Fastly (FSLY – Research Report) on August 4 and set a price target of $9.00. The company's shares closed last Friday at $11.27, close to its 52-week low of $9.50. According to TipRanks.com, Jaluria is a 3-star analyst with an average return of 3.0% and a 48.8% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Fastly with a $12.00 average price target, representing a 5.9% upside.
https://www.tipranks.com/news/blurbs/rbc-capital-keeps-a-sell-rating-on-fastly-fsly?utm_source=advfn.com&utm_medium=referral
Fastly (NYSE:FSLY)
Historical Stock Chart
From May 2023 to Jun 2023 Click Here for more Fastly Charts.
Fastly (NYSE:FSLY)
Historical Stock Chart
From Jun 2022 to Jun 2023 Click Here for more Fastly Charts.