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

up 21.69 %

Riverbed Technology, Inc. (RVBD) rated Buy with price target $30 by Janco Partners

Posted on: Tuesday,  Feb 5, 2008  10:25 AM ET by Janco Partners

Janco Partners rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 02/05/2008. Previously Janco Partners rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on
10/25/2007., when the stock price was $17.19. Since then, Riverbed Technology, Inc. has gained 21.70% as of 04/24/2016's recent price of $20.92.
If you would have followed the previous Janco Partners's recommendation on RVBD, you would have gained 21.69% of your investment in 3104 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.

Janco Partners, Inc. focuses its research efforts on companies within the telecommunications industry and on selected companies of special interest. In an effort to be a value added resource to our clients in their investment decision making process, our objective is to identify investment opportunities within our area of expertise, and present well thought out opinions to our clients in a professional and expert manner. We are focused on communicating investment ideas with our clients, accordingly, we strive to generate user friendly research that is easy to read and understand.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2008 10:25 AM Buy
11.00 15.00
as of 12/24/2008
1 Week up  15.27 %
1 Month up  38.38 %
3 Months up  73.08 %
1 YTD up  56.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/25/2007 9:25 AM Buy
17.19 25.00
7/27/2007 9:25 AM Hold
22.61 25.00

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