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Fly News Breaks for March 6, 2018
AKAM
Mar 6, 2018 | 05:01 EDT
Deutsche Bank analyst Vijay Bhagavath raised his price target for Akamai Technologies to $85 after hosting an investor meeting with management. The company had a bullish tone, which is indicative of improving sales execution and customer acceptance of new features and product sets, Bhagavath tells investors in a research note. He sees little risk to near term sales and EBITDA margin expectations and keeps a Buy rating on Akamai.
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