Northland Capital downgraded Edgio from Outperform to Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/10/2022 | Outperform → Market Perform | Northland Capital | |
| 11/10/2022 | $5.75 → $2.50 | Outperform → Market Perform | Cowen |
Edgio's improved application features streamline content delivery and improve insights to gauge user satisfaction Edgio, the platform of choice for security, speed and simplicity at the edge, today announced several new enhancements to its applications platform, designed to help companies deliver a high-performing web experience with ease. Updates to the company's Real User Monitoring (RUM) and low-code prefetching capabilities allow Edgio to redefine industry standards for web performance and user experience. Chrome usage data reveals that users spend 90% of their time on a site after it loads, making it crucial to carefully measure site responsiveness throughout the entire page lifecyc
Edgio to launch three new features offering advanced protection and greater control for organizations facing emerging cybersecurity challenges Edgio, the platform of choice for security, speed and simplicity at the edge, today announced new security features aimed at giving customers robust controls to secure APIs and mitigate the risks of automated attacks. Edgio's API security solution is enhanced by the addition of JSON Web Token (JWT) authentication to secure customers' API endpoints, as well as significant improvements to its Advanced Rate Limiting solution to protect customers from evolving application DDoS threats. With the inclusion of JWT validation, Edgio customers can perform a
Enters into Stalking Horse Asset Purchase Agreement in Connection with Contemplated In-Court Sale Process Files Voluntary Petitions for Chapter 11 Relief to Effectuate a Transaction Committed to Continue Delivering with Excellence for Partners and Customers Edgio, Inc. (NASDAQ:EGIO) and certain of its affiliates (collectively, "Edgio" or the "Company"), the platform of choice for security, speed, and simplicity, today announced that it has voluntarily filed for chapter 11 relief (the "Chapter 11 Cases") in the United States Bankruptcy Court for the District of Delaware (the "Court") to effectuate one or more sale transactions that should allow for the continued operation of the Company's
Northland Capital downgraded Edgio from Outperform to Market Perform
Cowen downgraded Edgio from Outperform to Market Perform and set a new price target of $2.50 from $5.75 previously