Cowen has launched coverage on Limelight (NASDAQ:LLNW) with an Outperform rating and $5.00 target.
(I believe that is kind of low... seeing that other targets are at $6.50)
The CDN owner is now up 50% YTD. Shares jumped two months ago thanks to a Q1 beat and strong Q2/2015 guidance.
This insider buying is happening and people aren't even taking notice... Everything is very hush hush lately... I'm wondering if some back room wheeling and dealing is going on???
Love that some short moron gives me a thumbs down for stating the truth...
I did find this on AKAMAI's board...
"Intense competition has kept pricing under tremendous pressure, particularly in the media segment, which is a significant headwind. Additionally, stiff competition has forced the company to lower the price of its CDN services, primarily in the media segment despite increasing bandwidth costs. Such setbacks are weighing on the company’s financials."
I guess the competition coming from Limelight and others is starting to affect Akamai's bottom line... Time to wake up and realize the current price of LLNW is a steal compared to other CDN businesses.
Sentiment: Strong Buy
bump - Please flag these guys with their constant spamming.
There isn't a better service out there for investors who are interested in the undervalued and overlooked companies that are showing strong signs of a breakout performance, these guys just keep delivering winning reports to their members.
What can we expect to see next from LLNW, well ExplosiveOTC is following their developments and those of a handful of potential blockbusters, find out who the next breakout star will be and when you sign up you'll receive an incredible ebook- just enter the code LLNW.