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Fly News Breaks for April 29, 2015
AKAM
Apr 29, 2015 | 08:20 EDT
Baird said they would buyers on weakness of Akamai and that the firm's long-term thesis remains unchanged following mixed Q1 results and guidance. The firm cited foreign exchange headwinds, noting that core traffic remained very much intact. Baird reiterated its Outperform rating and raised its price target to $77 from $74 on Akamai shares.
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