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FSLY Rockets Nearly 16%: Oppenheimer Upgrades Stock As Analyst Sees Agentic AI Driving Sustained Growth
Stocktwits ·
Stocktwits reports: Fastly Inc. (FSLY) shares jumped nearly 16% on Friday after Oppenheimer upgraded the edge cloud platform provider, citing growing contract values and early signs of revenue generation from agentic AI traffic. According to TheFly, the brokerage said these trends could sustain stronger growth over the next few years and expects the stock to command a higher valuation as Fastly delivers growth and subsequent margin expansion. As of this writing, FSLY stock was up 15.9% and…