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Fly News Breaks for March 14, 2016
AKAM
Mar 14, 2016 | 06:15 EDT
Piper Jaffray analyst Michael Olson tells investors in a research note that Akamai Technologies CEO F. Thomson Leighton has an "impressive track record" of insider buys. The CEO is in the process of purchasing $10M of Akamai shares, the analyst points out. Olson says the purchases increase his confidence in the shares for 2016. He maintains an Overweight rating on Akamai with a $69 price target.
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