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Akamai price target raised to $115 from $105 at Evercore ISI

Evercore ISI raised the firm’s price target on Akamai to $115 from $105 and keeps an Outperform rating on the shares after the company reported “notable upside” to June quarter results, provided better-than-expected September quarter guidance and raised calendar year 2023 guidance across both revenues and EPS.

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