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Fly News Breaks for October 29, 2019
AKAM
Oct 29, 2019 | 06:16 EDT
Piper Jaffray analyst James Fish raised his price target for Akamai Technologies to $103 from $97 saying the company "posted a gem of a quarter" with "highly conservative" Q4 guidance. Akamai's Security remains "one of the best-in-class at scale," says the analyst, who reiterates an Overweight rating on the shares. He views 2020 consensus estimates as too low.
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