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Fly News Breaks for January 6, 2016
AKAM
Jan 6, 2016 | 07:58 EDT
UBS lowered its price target on Akamai to $65 from $74 as its weak Q4 guidance has raised concerns that its current pause may be more than temporary. The firm expects growth to improve in the second half of 2016 and believes shares may be oversold, but lowered its price target while maintaining its Buy rating on Akamai shares.