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FEB 06, 2014 - TheStreet

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Why Akamai (AKAM) Was Upgraded

NEW YORK (TheStreet) -- Akamai was upgraded to "neutral" from "underperform" by Credit Suisse Thursday. Akamai jumped 20.1% to $56.96 in morning trading. The analyst firm set its price target for the Internet server provider at $47.50, above its Wednesday closing price of $47.42. The firm believes Akamai should continue to deliver solid growth across the board. ---------- Separately, TheStreet Ratings team rates AKAMAI TECHNOLOGIES INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate AKAMAI TECHNOLOGIES INC (AKAM) a ... Read More

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