Limelight Networks Reaches Analyst Target Price
October 18, 2019 at 08:12 AM EDT
In recent trading, shares of Limelight Networks Inc (LLNW) have crossed above the average analyst 12-month target price of $3.58, changing hands for $3.75/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..