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Akamai price target raised to $131 from $129 at TD Cowen

TD Cowen analyst Michael Elias raised the firm’s price target on Akamai to $131 from $129 and keeps a Buy rating on the shares. The firm said they reported upside 2Q24 results raised 2024 revenue growth guidance for Compute and raised its 2024 guidance for revenue EBITDA and Non-GAAP EPS.

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