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Fly News Breaks for November 24, 2015
AKAM
Nov 24, 2015 | 07:35 EDT
After conducting checks with CDN experts at a conference, JMP Securities says that "very few "of Akamai's clients other than its largest customers can build their own CDN systems. The firm adds that the company's large media customers are unlikely to run OTT offerings on their own systems because of technological limitations. The firm believes that Akamai is well-positioned for the OTT opportunity and the convergence of CDN and cloud security. It continues to be upbeat on Akamai and keeps an $85 price target and Outperform rating.