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Citi ups Akamai target, opens ‘upside 90-day catalyst watch’

Citi raised the firm’s price target on Akamai (AKAM) to $103 from $88 and keeps a Neutral rating on the shares. Citi also added an “upside 90-day catalyst watch” on Akamai. The firm believes the company’s 2026 outlook will be a modest upside surprise. The analyst sees a “tactically positive risk/reward set-up” into earnings.

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