# Akamai Shares Rise After Raymond James Upgrade

> Raymond James upgrades Akamai to Strong Buy, lifting shares 1.4% in premarket trading.
- Title: Akamai Shares Rise After Raymond James Upgrade · TokenPost
- Summary: Raymond James upgrades Akamai to Strong Buy, lifting shares 1.4% in premarket trading. Akamai Technologies shares rose 1.4% after Raymond James upgraded the…
- Keywords: akamai, raymond james, strong buy, premarket trading, share price, cloud computing, crypto, finance, Shares, Rise, Raymond, James
- Source: TokenPost — https://tokenpost.com/news/investing/35949
- Published: 2026-10-20T20:34:50+00:00
- Read time: 1 min
- Topics: akamai, raymond james, strong buy, premarket trading, share price, cloud computing, crypto, finance
## Raymond James Upgrade
Raymond James analyst Frank Louthan upgraded Akamai to Strong Buy from Outperform, keeping the $170 price target.
## Share Price Rise
Akamai shares rose 1.4% in premarket trading Oct. 20 after the upgrade, following a recent pullback.
## Anthropic Agreement
Akamai pursues a seven-year agreement with Anthropic for $11.6 billion in cloud computing capacity, with $5.5 billion in capital spending expected.
## Key takeaway

Akamai Technologies shares rose 1.4% after Raymond James upgraded the stock to Strong Buy, citing recent share price decline.