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Fly News Breaks for March 15, 2018
AKAM
Mar 15, 2018 | 05:12 EDT
KeyBanc analyst Brandon Nispel upgraded Akamai Technologies to Sector Weight without a price target. The analyst says Akamai's ability to expand margins is greater than he anticipated and that fears surrounding growth are "unlikely to come to fruition near term." He believes the company's cost reductions will likely drive upward revisions to consensus margin expectations. Nispel, however, continues to question the sustainability of the margin expansion longer term.
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