Limelight Networks price target raised to $4.50 from $3 at Roth Capital Roth Capital increased its price target on Limelight (LLNW) after the company won its court case against Akamai (AKAM). The firm thinks the win could cause some investors to see an acquisition of Limelight as more likely. Roth keeps a Buy rating on Limelight.
News For LLNW;AKAM From The Last 14 Days
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Akamai upgraded to Outperform from Neutral at Macquarie Macquarie upgraded Akamai to Outperform based on revised 2H consensus margin forecasts and meetings with CDN competitors. The upgrade is not a call on the Q2 report but a longer-term call that media delivery revenue growth could grow in the mid-teens for the next few years driven by increased volumes from HD sporting and other content. Price target raised to $70 from $59.