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Fly News Breaks for June 7, 2016
MSFT, AKAM
Jun 7, 2016 | 08:04 EDT
After Akamai (AKAM) reported that its traffic sank 21% year-over-year last month, KeyBanc says the data point indicates that the improvement in the company's media traffic will probably be "gradual" in 2H16. The firm says that Akamai's CDN customers, excluding its two largest revenue producers, may be growing as quickly as the sector. It adds that recent announcements by Microsoft (MSFT) and NBC indicate that not all large companies are embracing do it yourself CDN. The firm keeps a $71 price target and Overweight rating on Akamai.
News For AKAM;MSFT From the Last 2 Days
MSFT
Apr 23, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MSFT
Apr 23, 2024 | 11:57 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MSFT
Apr 23, 2024 | 09:31 EDT
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Apr 23, 2024 | 06:19 EDT
