Fastly: AI Traffic Monetization Unleashes New Margin Potentials - Oppenheimer Upgrades Rating to Outperform!
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Oppenheimer upgrades Fastly to "Outperform" with a price target of $35. The monetization of AI traffic and increasing contract values support the revenue forecast. An expanded security portfolio is expected to drive future margin expansions. From Content Delivery to Edge Cloud Platform Fastly (FSLY) operates an edge cloud platform for the delivery and security of digital content. The business model has evolved in recent years from a pure content delivery network to a platform for edge computing and IT security. Relevant growth trends...
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