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Fly News Breaks for May 9, 2016
AKAM
May 9, 2016 | 09:07 EDT
Noting that Akamai's media traffic rose 0.1% in April versus March, Pacific Crest says the increase indicates that the company's media traffic "is stabilizing." The firm notes that the company's media traffic comps will modestly ease going forward, and it thinks that the company's trends will rebound in 2H16. It recommends buying the stock.
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AKAM
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