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Fly News Breaks for January 23, 2017
AKAM
Jan 23, 2017 | 11:02 EDT
Piper Jaffray analyst Michael Olson believes Akamai Technologies can post "slight upside" to Q4 consensus estimates when reporting on February 7 due to strong e-commerce trends. To reflect the impact of currency fluctuations, however, the analyst lowered his estimates for Q1 and FY17. Olson maintains an Overweight rating on Akamai with a $74 price target.
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