Stifel Nicolaus initiated coverage on shares of Fastly (NYSE:FSLY) in a note issued to investors on Tuesday, Marketbeat reports. The firm set a “buy” rating and a $25.00 price target on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 21.30% from the stock’s previous close.
Shares of Fastly stock opened at $20.61 on Tuesday. Fastly has a 52 week low of $19.33 and a 52 week high of $25.67.
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