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Riverbed Technology, Inc. (RVBD) [hlAlert]

Rating:
Buy RVBD
up 288.84 %

Riverbed Technology, Inc. (RVBD) upgraded to Buy by Merriman Curhan Ford

Posted on: Wednesday,  Feb 4, 2009  8:25 AM ET by Merriman Curhan Ford

Merriman Curhan Ford rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 02/04/2009, when the stock price was $5.38.
Since then, Riverbed Technology, Inc. has gained 288.85% as of 04/24/2016's recent price of $20.92.
If you would have followed this Merriman Curhan Ford's recommendation on RVBD, you would have gained 288.84% of your investment in 2636 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.

We occupy a unique niche among our investment banking peers: we offer our clients both traditional sell-side equity research and primary market research, and we focus on high-potential sectors such as CleanTech, Consumer/Internet/Media, Health Care and Tech/Telecom. Our institutional and corporate clients get the best of both worlds: expertise from our analysts and access to experts through our Panel Intelligence platform.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2009 8:25 AM Buy
None
5.38
as of 12/31/2009
1 Week up  210.34 %
1 Month up  255.00 %
3 Months up  229.14 %
1 YTD up  571.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2008 8:25 AM Hold
None
4.54

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