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RBC Capital Raises Price Target on Akamai Technologies (AKAM) to $67 Following Solid 3Q
October 26, 2016 7:44 AM EDTRBC Capital reported a Sector Perform rating on Akamai Technologies (NASDAQ: AKAM), and raised the price target to $67.00 (from $59.00), following the company's 3Q earnings report. AKAM reported revenues of $584MM, above the Street's estimate $572MM. The beat was driven by stronger than expected results in... More
