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Fly News Breaks for January 9, 2019
AKAM
Jan 9, 2019 | 08:51 EDT
Craig-Hallum analyst Jeff Van Rhee lowered his price target for Akamai to $82 from $91 to reflect a more conservative multiple and lower estimates. The analyst notes that he is adjusting his estimates to incorporate Janrain acquisition and more caution on 2019. He reiterates a Buy rating on the shares.
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