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Akamai (AKAM +3.2%) and Limelight (LLNW +7.7%) are higher after Piper's Michael Olson upgraded...
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Wednesday, November 28, 2012, 2:44 PM ETAkamai (AKAM +3.2%) and Limelight (LLNW +7.7%) are higher after Piper's Michael Olson upgraded Akamai to Overweight, while setting a PT of $40. Olson notes high-margin cloud content delivery services are making up a growing share of Akamai's sales, and thinks CDN service prices have stabilized - that last bit is particularly important for Limelight, since it's very dependent on price-sensitive media CDN services. In spite of decent earnings news, Akamai has been range-bound since July.
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