JMP Securities analyst Greg McDowell says that Akamai's "long-term drivers are still intact" despite its Q2 guidance miss. He says that the decline in the stock "could be a buying opportunity." He thinks that the company is "taking the right steps to diversify its business," and he believes that it's poised to exploit the growing OTT opportunity. He trimmed his price target to $75 from $77 but keeps an Outperform rating.
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