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

up 19.67 %

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

Posted on: Wednesday,  Feb 6, 2008  10:25 AM ET by Collins Stewart

Collins Stewart rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 02/06/2008. Previously Collins Stewart rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on
10/24/2007., when the stock price was $17.48. Since then, Riverbed Technology, Inc. has gained 19.68% as of 04/24/2016's recent price of $20.92.
If you would have followed the previous Collins Stewart's recommendation on RVBD, you would have gained 19.67% of your investment in 3105 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.

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Quest™ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2008 10:25 AM Buy
9.58 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
1/4/2008 8:25 AM Buy
13.73 27.00
10/24/2007 1:25 PM Buy
17.48 24.88
9/28/2007 9:25 AM Hold

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