Morgan Stanley Bullish About Akamai Technologies' Growth Prospects

Following a series of investor meetings in Europe with Akamai Technologies, Inc. (NASDAQ: AKAM) CFO JD Sherman, Morgan Stanley said that it feels bullish about the company's growth prospects in both volume and value-added services, and more comfortable that CY11 margin expectations are achievable, if not conservative.

“We continue to see AKAM as one of the few names in the technology space where growth could potentially accelerate in CY11 over CY10, and remain buyers of the stock,” Morgan Stanley writes.

Akamai Technologies closed Friday at $53.28.