Fastly upgraded by Citigroup with a new price target
$FSLY
Computer Software: Prepackaged Software
Technology
Citigroup upgraded Fastly from Sell to Neutral and set a new price target of $20.00 from $11.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/6/2025 | Sector Weight | KeyBanc Capital Markets | |
| 3/20/2025 | Perform | Oppenheimer | |
| 12/2/2024 | $12.00 | Perform → Outperform | Oppenheimer |
| 10/1/2024 | Strong Buy → Mkt Perform | Raymond James | |
| 8/8/2024 | $10.00 → $6.00 | Overweight → Neutral | Piper Sandler |
| 5/2/2024 | $24.00 → $8.50 | Buy → Neutral | DA Davidson |
| 5/2/2024 | $18.00 → $8.00 | Buy → Underperform | BofA Securities |
| 4/8/2024 | $19.00 → $16.00 | Neutral → Overweight | Piper Sandler |
Fastly, Inc. (NYSE:FSLY) a leader in global edge cloud platforms, today announced that Kip Compton, Fastly's current Chief Product Officer, has been appointed CEO of the company and named to the Board of Directors, effective immediately. Compton succeeds Todd Nightingale, who has stepped down as CEO, President, and as a Director of the Board. Nightingale will remain with the company as an advisor until June 30, 2025, and will then be pursuing an external opportunity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250616704301/en/Fastly Appoints Kip Compton as Chief Executive Officer. "We want to thank Todd for his leadership, pr
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today released its Q1 2025 Threat Insights Report, providing an overview of security trends, attack vectors and threat activity across the application security landscape. The report reveals that the commerce industry's attack volume doubled from 15% in Q1 2024 to 31% in Q1 2025, signaling a shift in attacker focus. Additionally, the report found that 37% of all observed internet traffic is from automated traffic or bots, with 89% of that bot traffic classified as unwanted, further illustrating the challenges faced by online businesses. Identifying wanted and unwanted bot traffic is crucial for businesses. Unwanted bot traf
Cerby to use new capital to further innovate its entire solution suite and scale operations in North America and EMEA region.Round was led by DTCP with participation from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.SAN FRANCISCO, May 28, 2025 /PRNewswire/ -- Cerby, the fastest-growing platform for identity security automation globally, has announced today a $40 million Series B funding round. The round was led by DTCP with participation from existing backers including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures. As SaaS, cloud, mobile, and on-prem
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)
KeyBanc Capital Markets initiated coverage of Fastly with a rating of Sector Weight
Oppenheimer resumed coverage of Fastly with a rating of Perform
Oppenheimer upgraded Fastly from Perform to Outperform and set a new price target of $12.00