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Fly News Breaks for July 14, 2016
AKAM
Jul 14, 2016 | 10:05 EDT
JPMorgan analyst Sterling Auty believes the growth in mobile adoption of Pokemon Go is unlikely to drive a "significant amount of initial revenue" for Akamai since the predominance of interaction is across the mobile network and the game itself is only 160MB on iPhone. The game, however, has the potential to drive "nice revenue" for Akamai depending on the level of downloadable content and how the game decides to enable trading and battling, Auty tells investors in a research note. He keeps a Neutral rating on the shares.
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