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down 14.87 %

LIMELIGHT NETWORKS (LLNW) rated Underperform by Raymond James

Posted on: Thursday,  Aug 8, 2013  8:25 AM ET by Raymond James

Raymond James rated Underperform LIMELIGHT NETWORKS (NASDAQ: LLNW) on 08/08/2013, when the stock price was $2.06. Since
then, LIMELIGHT NETWORKS has gained 17.48% as of 12/31/2015's recent price of $2.42.
If you would have followed this Raymond James's recommendation on LLNW, you would have lost 14.87% of your investment in 875 days.

Limelight Networks, Inc. (Limelight) is a provider of content delivery network services. It is engaged in providing content for the media companies, or content providers, including businesses operating in the television, music, radio, newspaper, magazine, software and social media industries, as well as enterprises and government entities doing business online. Using the Limelight?s content delivery network content, providers are able to provide with media experience for media content. During the year ended December 31, 2008, Limelight provided content delivery services for the live and on-demand events that have been transmitted over the Internet, including Oprah Winfrey?s 10-part interactive book club series in February and March; the United States Open golf tournament; the Disney?s Camp Rock movie; Microsoft and NBC?s online coverage of the Beijing Olympic Summer Games, and the Presidential Election Results. In May 2009, the Company acquired Kiptronic, Inc.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 8:25 AM Sell
as of 12/13/2013
1 Week up  4.06 %
1 Month up  4.06 %
3 Months up  7.35 %
1 YTD up  8.25 %

(*) Stock Price at the time of the recommendation.
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