Fastly Shares Surge: Analyst Upgrade and Price Target Set
FSLY Fastly Inc
$29.30 +15.86%
View chart & analysis → - 1Fastly shares rose 19% as of 2:54 p.m. ET.
- 2Oppenheimer analyst Param Singh set a price target of $35 for Fastly.
- 3Fastly's price/earnings-to-growth (PEG) ratio is 0.46, the only one below 1.0 among 11 industry peers.
So what's the key point?
Fastly's stock price rose significantly by 19 percent. An expert expects the stock to rise further and evaluated the price as low compared to its earnings growth.
Source The Motley Fool · View original ↗
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