Akamai Acquires Data Processing Provider Concord Systems
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MKM Partners Reiterates Buy on Akamai Technologies (AKAM)
September 30, 2016 10:51 AM UTCMKM Partners reiterated a Buy rating and $65.00 price target on Akamai Technologies (NASDAQ: AKAM). Media revenue continues to decline as top-2 customers, Apple and Facebook, shift to internal capacity. We believe these customers will represent about 2.5% of revenue by Q416 from 12% of revenue six quarters... More
