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Akamai price target raised to $98 from $92 at TD Cowen

TD Cowen analyst Michael Elias raised the firm’s price target on Akamai (AKAM) to $98 from $92 and keeps a Hold rating on the shares. The firm said they reported upside 2Q25 results, provided upside 3Q25 guidance, and raised 2025 revenue/Non-GAAP EPS guidance, while maintaining 2025 growth guidance for both Security and Compute.

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