Fastly is exploding higher today, driven primarily by a bullish analyst upgrade from Oppenheimer, which raised its rating to Outperform with a $35 price target. This positive sentiment follows recent reports highlighting the company as a top mid-cap AI software pick, bolstered by a Zacks Rank #2 and expectations for triple-digit earnings growth this year. The stock is also benefiting from a broader lift in the technology sector, as evidenced by gains in peer Cloudflare.