Fastly Stock Has 43% Upside, According to 1 Wall Street Analyst

2024-03-28 06:33 AM by Wanda Parisien

Share prices of edge computing company Fastly (NYSE: FSLY) could rise to $18, according to Bank of America analyst Tal Liani. With the stock trading below $13 today, this price target represents an upside of about 43% over the next 12 months or so. It’s important to note that Liani’s optimism has faded a bit. …

Why Shares of Fastly Stock Collapsed This Week

2024-02-17 01:21 AM by Wanda Parisien

Shares of Fastly (NYSE: FSLY) were falling again this week, according to data from S&P Global Market Intelligence. The edge computing company posted weak growth and more losses in the fourth quarter of 2023, leading to the stock falling by as much as 36% for the week. Compared to its all-time high set in 2021, …