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Riverbed Technology, Inc. (RVBD) [hlAlert]

up 223.33 %

Riverbed Technology, Inc. (RVBD) rated Overweight with price target $19 by Thomas Weisel

Posted on: Wednesday,  Apr 1, 2009  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight Riverbed Technology, Inc. (NASDAQ: RVBD) on 04/01/2009, when the stock price was $6.47. Since
then, Riverbed Technology, Inc. has gained 223.34% as of 04/24/2016's recent price of $20.92.
If you would have followed this Thomas Weisel's recommendation on RVBD, you would have gained 223.33% of your investment in 2580 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.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/1/2009 8:25 AM Buy
6.47 9.50
as of 12/31/2009
1 Week up  210.34 %
1 Month up  255.00 %
3 Months up  229.14 %
1 YTD up  458.57 %

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