November 27, 2012 at 10:54 AM EST
Wells Fargo: Black Friday ‘Bodes Well’ For Akamai, Can Beat Q4 Expectations
Akamai Technologies (AKAM) was falling more than 4% in morning trading, although Wells Fargo writes today that Black Friday trends bode well for the stock. In a note out today, analyst Gray Powell writes that the strong consumer showing over the long holiday weekend, with online spending up roughly 25% from last years, is a [...]
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