DA Davidson Begins Coverage on Fastly (NYSE:FSLY)
DA Davidson began coverage on shares of Fastly (NYSE:FSLY) in a research note released on Tuesday morning, Benzinga reports. The brokerage issued a buy rating and a $26.50 price objective on the stock.
Other equities analysts also recently issued reports about the company. William Blair began coverage on Fastly in a research note on Tuesday. They issued an outperform rating for the company. Stifel Nicolaus began coverage on Fastly in a research note on Tuesday. They issued a buy rating and a $25.00 price objective for the company. Eight equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and an average target price of $26.36.
FSLY opened at $22.87 on Tuesday. Fastly has a 12 month low of $19.33 and a 12 month high of $25.67.
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