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Fly News Breaks for August 28, 2015
AKAM
Aug 28, 2015 | 09:25 EDT
As noted earlier, JMP Securities upgraded Akamai to Outperform from Market Perform. The firm thinks the company is poised to take advantage of the proliferation of OTT video, while it has significantly expanded its total available market. The firm says the company is poised to beat estimates and it thinks the shares are more attractive following their 10% retreat from their May high. It set an $85 price target.
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