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Fly News Breaks for February 10, 2016
AKAM
Feb 10, 2016 | 06:17 EDT
B. Riley analyst Sameet Sinha upgraded Akamai Technologies to Buy and raised his price target for the shares to $60 from $54 following the company's Q4 results. The analyst believes risk from Akamai's Media unit is reflected in the current valuation and highlights the company's "disciplined spending" and large buyback.
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