Fastly (NYSE:FSLY) Receives New Coverage from Analysts at Credit Suisse Group

Equities researchers at Credit Suisse Group initiated coverage on shares of Fastly (NYSE:FSLY) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $25.00 price target on the stock. Credit Suisse Group’s price objective suggests a potential upside of 21.30% from the stock’s previous close.

FSLY has been the topic of a number of other research reports. DA Davidson initiated coverage on shares of Fastly in a research report on Tuesday. They issued a “buy” rating and a $26.50 price objective on the stock. William Blair initiated coverage on shares of Fastly in a research report on Tuesday. They issued an “outperform” rating on the stock. Finally, Stifel Nicolaus initiated coverage on shares of Fastly in a research report on Tuesday. They issued a “buy” rating and a $25.00 price objective on the stock. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $25.60.

Shares of FSLY stock opened at $20.61 on Tuesday. Fastly has a 12 month low of $19.33 and a 12 month high of $25.67.

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Analyst Recommendations for Fastly (NYSE:FSLY)

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