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Riverbed Technology, Inc. (RVBD) [hlAlert]

up 278.64 %

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

Posted on: Wednesday,  Dec 10, 2008  11:25 AM ET by Noble Financial

Noble Financial rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 12/10/2008, when the stock price was $5.53. Since
then, Riverbed Technology, Inc. has gained 278.64% as of 04/24/2016's recent price of $20.92.
If you would have followed this Noble Financial's recommendation on RVBD, you would have gained 278.64% of your investment in 2692 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.

A clear and concise focus. Identifying the emerging small or micro cap company. Recognizing the entrepreneurial character and organizational commitment of its executives and employees. Observing unstoppable drive to exploit opportunities while tackling obstacles. Understanding the company's essential products, services and technologies. Following only those who deserve our attention.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2008 11:25 AM Buy
5.53 6.50
as of 12/24/2008
1 Week up  15.27 %
1 Month up  56.36 %
3 Months   
1 YTD up  56.36 %

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