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Oppenheimer gives Akamai 'outperform' rating, aiming $100 price target despite Q4 earnings miss.
Oppenheimer has started covering Akamai Technologies with an 'outperform' rating and a $100 price target.
The company reported Q4 earnings of $1.19 per share, missing estimates by $0.33.
Akamai, with a market cap of $12.26 billion, has a current consensus rating of "Moderate Buy" and a price target of $106.55.
General Asset Management SPA SGR recently bought $841,000 worth of Akamai shares.
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Oppenheimer le da a Akamai una calificación de "exceso", apuntando a un objetivo de precio de $100 a pesar de que las ganancias del Q4 fallan.