Akamai Technologies rises after JPM upgrades to 'neutral'

** Shares of cloud firm Akamai Technologies (AKAM.O) rise 2.3% to $125.60 premarket

** J.P.Morgan upgrades AKAM rating to "neutral" from "underweight" and also raises PT to $158 from $132

** New PT implies an upside of ~29% to the stock's last close

** JPM says Akamai is competing with and winning deals for inference capacity against hyperscalers and NeoClouds

** 15 of 26 brokerages rate the stock "buy" or higher, nine "hold" and two "sell" and their median PT is $155 - data compiled by LSEG

** Up to last close, stock up ~41% this year