Akamai Technologies Upgraded On CDN Sales Growth

By | May 14, 2014

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Akamai Technologies’ (AKAM) core business continues to thrive with double-digit revenue growth despite falling prices, says Pacific Crest Securities, which upgraded the stock to outperform on Wednesday. Cambridge, Mass.-based Akamai is the biggest provider of content delivery network (CDN) services to media and entertainment companies. Akamai’s computer servers store copies of website content. Customers include Apple (AAPL). Prices in the CDN Scalper1 News

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