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LLNW - Here's Why Limelight Networks Shares Are Jumping Today
Limelight Networks Inc.
Shares of Limelight Networks (NASDAQ: LLNW) were climbing today following an analyst upgrade for the company's stock. It was up as much as 17%, and as of 3:37 p.m EDT on Monday had gained 15.3%.
Raymond James upgraded the content delivery network specialist from a market perform rating to outperform and set a $6 price target for the stock today. Investors jumped on the upgrade and quickly pushed the company's share price up throughout the trading day.