Citi analyst Fatima Boolani downgraded Akamai Technologies to Neutral from Buy with a price target of $105, down from $118. The analyst sees a balanced risk/reward at current share levels with currency-related guidance risk. Boolani has low conviction in Akamai’s Delivery segment growth trends and diminished confidence in its organic security growth prospects. News reports of a financial sponsor driven takeout bid, while improving downside support to valuation, “appears less intriguing to us given the rising cost of capital,” and Akamai’s already 30% operating margin profile, Boolani tells investors in a research note.