« CheckFree's Biggest Client - B of A - May Take Biz In-house | Main | Sun Keeps Shining On First Solar »
April 11, 2007
Citigroup to Akamai Investors: Don't Worry So Much About Limelight
Citigroup launched coverage of Akamai (AKAM) with a Buy rating and a $68 price target. While taking note that he stock is down 14% recently following a 70% jump since mid-July 2006, due in part to concerns about Limelight Networks. Citigroup says it is confident that Akamai can substain revenue growth of 35-45% over the next several years.
Posted by Paul at April 11, 2007 10:30 PM
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/4137