Akamai rises as Raymond James upgrades on Anthropic boost

Seeking Alpha

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Oct 20, 2026, 8:37 AM ETAkamai Technologies, Inc. (AKAM) Stock, ANTHRO StockBy: Chris Ciaccia, SA News Editor
Akamai Technologies headquarters in Cambridge, Massachusetts, USA

  • Akamai (AKAM) shares rose 2% before the market opened on Tuesday. Raymond James upgraded the content delivery network company, saying its deal with Anthropic (ANTHRO) could help increase its revenue. The deal was the reason for the upgrade.

  • “We are upgrading Akamai shares to Strong Buy from Outperform,”