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Fly News Breaks for March 31, 2017
AKAM
Mar 31, 2017 | 07:59 EDT
Baird analyst William Power lowered his 2017 EPS forecast for Akamai to reflect the SOASTA acquisition and the margin outlook shared at the company's annual investor conference and lowered his price target to $67 from $75. However, he keeps an Outperform rating on the stock, , saying that the performance and security segment growth and margin outlook remains strong and he continues to expect improved growth in 2018.
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