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Fly News Breaks for February 8, 2017
AKAM
Feb 8, 2017 | 08:38 EDT
Baird analyst William Power said Akamai should be bought on weakness. He noted guidance was below expectations, but he remains positive on the company's multiple growth levers, driven by OTT video and security. Power reiterated his Outperform rating and $75 price target on Akamai shares, which are down 3.75% to $68.45 in pre-market trading following the company's Q4 report last night.
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