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LLNW

Limelight Networks

$5.21

-0.02 (-0.38%)

08:34
05/17/18
05/17
08:34
05/17/18
08:34

Cliplister selects Limelight Networks' CDN to increase performance

Limelight Networks announced that Cliplister selected its content delivery network, or CDN, to help them increase performance and ensure high availability for customers worldwide. Cliplister offers a product content presentation and distribution solution for manufacturers and retailers to share online content. The company wanted to give its clients reliability and flexibility to deliver fast, high-quality user experiences in any region worldwide. To help accomplish these goals, Cliplister selected Limelight for its reliable global network, dedicated support team and competitive pricing.

  • 07

    Jun

LLNW Limelight Networks
$5.21

-0.02 (-0.38%)

10/19/17
COWN
10/19/17
NO CHANGE
Target $6
COWN
Outperform
Limelight Networks price target raised to $6 from $4 at Cowen
Cowen analyst Jonathan Charbonneau raised his price target on Limelight Networks to $6 from $4 following solid Q3 results. The analyst noted the company increased its guidance driven by another quarter of healthy demand with accelerating growth in OTT. He continues to see the stock as undervalued. Charbonneau reiterated his Outperform rating on Limelight Networks shares.
11/13/17
DADA
11/13/17
NO CHANGE
Target $7
DADA
Buy
Limelight Networks geared for larger content than Akamai, says DA Davidson
DA Davidson analyst Mark Kelleher compares the networking technology at Limelight Networks (LLNW) versus that of Akamai (AKAM), saying that because Limelight is more centrally organized across its 84 data centers, it can deliver information with less internet congestion. Kelleher notes that he recently discussed the contrast with Limelight CFO Sajid Malhotra, who explained that customers are willing to pay more for this type of content delivery relative to Akamai, which places its Content Delivery Network within the data centers of its ISP partners. While Akamai's CDN is more advantageous for smaller content like web pages, Kelleher says the rapid growth in video is quickly creating congestion problems for its network. The analyst has a Buy rating on Limelight Networks, nudging his price target to $7 from $6 based on the company's return to top-line growth, as well as improved operating margins, cash flow, and positive earnings.
04/04/18
RILY
04/04/18
NO CHANGE
Target $6
RILY
Buy
Limelight oversold on lawsuit settlement, says B. Riley FBR
B. Riley FBR analyst Sameet Sinha views the selloff yesterday in shares of Limelight Networks (LLNW) after the company settled its outstanding litigation with Akamai (AKAM) as an overreaction. While Limelight did not receive a windfall, its litigation expense will now decline, Sinha tells investors in a research note. The analyst keeps a Buy rating on the shares with a $6 price target. Limelight closed yesterday down 11% to $3.89.
04/16/18
OPCO
04/16/18
INITIATION
Target $6
OPCO
Outperform
Limelight Networks initiated with an Outperform at Oppenheimer
Oppenheimer initiated Limelight Networks with an Outperform and $6 price target.

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LLNW

Limelight Networks

$5.10

0.08 (1.59%)

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