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Fly News Breaks for December 23, 2015
AKAM
Dec 23, 2015 | 07:28 EDT
After meeting with Akamai's CFO, KeyBanc says that the company's long-term addressable market still provides it with "a significant opportunity." KeyBanc adds that the company is restructuring its contracts with its clients, and the firm expects the company's traffic to "return to more normal levels." The firm keeps an $86 price target and Overweight rating on the shares.
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