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In a report published Tuesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on
Akamai TechnologiesAKAM.
In the report, Morgan Stanley noted, “Security remains a strong growth area for AKAM while increasing traffic from mobile devices is catalyzing demand for the company's premium Ion offering. We like the growth story, while recent stability in the Media business leaves us more comfortable that the stock has further upside from here.”
Akamai Technologies closed on Monday at $61.35.
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