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Akamai price target raised to $175 from $120 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Akamai (AKAM) to $175 from $120 and keeps a Positive rating on the shares. The firm said Q1 results were generally fine but the large CIS deal highlights the growth opportunity for the company going forward and reinforces their positive view.

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