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Enter Symbol:
 
Riverbed Technology, Inc. (RVBD) [hlAlert]

Rating:
Outperform
RVBD
up 19.20 %

Riverbed Technology, Inc. (RVBD) upgraded to Outperform with price target $23 by Northland Securities

Posted on: Tuesday,  Nov 20, 2012  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Riverbed Technology, Inc. (NASDAQ: RVBD) on 11/20/2012, when the stock price was $17.55. Since
then, Riverbed Technology, Inc. has gained 19.20% as of 04/24/2016's recent price of $20.92.
If you would have followed this Northland Securities's recommendation on RVBD, you would have gained 19.2% of your investment in 1251 days.

Riverbed Technology, Inc. (Riverbed) has developed a solution to the fundamental problems of wide-area distributed computing. The Company’s Steelhead appliances enable its customers to improve the performance of their applications and access to their data across wide area networks (WANs), increasing transmission speeds by 5 to 50 times and in some cases by up to 100 times. Riverbed sells its products and support directly through its sales force and indirectly through distribution partners, including value-added resellers. Riverbed's wide-area data services solution consists of the Riverbed Optimization System (RiOS), the Company's software that is embedded on a general-purpose, hardware-computing platform to form its Steelhead appliances. In August 2007, the Company launched Steelhead Mobile, a software product that incorporates RiOS.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2012 8:25 AM Buy
None
17.55 23.00
as of 12/31/2012
1 Week up  1.33 %
1 Month up  10.16 %
3 Months up  12.36 %
1 YTD down  -1.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2012 8:25 AM Hold
None
23.57 23.00
10/19/2012 8:25 AM Hold
None
23.57 23.00
4/20/2012 8:25 AM Hold
None
20.37
1/27/2012 8:25 AM Buy
None
23.72 33.00
1/25/2012 8:25 AM Buy
None
28.93 35.00

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