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

down 7.24 %

Riverbed Technology, Inc. (RVBD) rated Buy with price target $13 by Lazard Capital

Posted on: Friday,  Dec 5, 2008  9:25 AM ET by Lazard Capital

Lazard Capital rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 12/05/2008. Previously Lazard Capital rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on
07/02/2007., when the stock price was $22.56. Since then, Riverbed Technology, Inc. has lost 7.25% as of 04/24/2016's recent price of $20.92.
If you would have followed the previous Lazard Capital's recommendation on RVBD, you would have lost 7.24% of your investment in 3219 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Our goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Our industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2008 9:25 AM Buy
4.68 6.50
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
7/25/2008 9:25 AM Buy
9.03 10.50
6/18/2008 8:25 AM Buy
7.22 10.00
4/4/2008 8:25 AM Buy
6.87 9.00
4/3/2008 8:25 AM Buy
6.80 12.50
1/15/2008 10:25 AM Buy
10.98 19.50
10/16/2007 9:39 PM Buy
25.02 28.50
7/2/2007 10:06 AM Buy
22.56 25.00
7/2/2007 10:06 AM Buy
22.56 25.00

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