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Fly News Breaks for March 31, 2017
AKAM
Mar 31, 2017 | 08:41 EDT
MKM Partners analyst Rob Sanderson says that Akamai's comments about its margins at its Analyst Day "were somewhat confusing,not different than consensus and may have been misinterpreted." He says that the stock sold off because of the comments, and he recommends buying the shares on weakness. He keeps a $79 price target and a Buy rating on the stock.
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