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Fly News Breaks for September 14, 2015
AKAM
Sep 14, 2015 | 08:49 EDT
DA Davidson increased its price target on Akamai after introducing its fiscal 2017 estimates for the company. The firm expects the company's fiscal 2017 EPS to reach $3.41, a 17% increase above its fiscal 2016 estimate. The firm thinks the company's margin will rise slightly, and it says that the company's technology is "significantly differentiated" in all aspects of its business. DA Davidson keeps a Buy rating on the shares.