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

Rating:
Neutral RVBD
up 23.86 %

Riverbed Technology, Inc. (RVBD) downgraded to Neutral by Piper Jaffray

Posted on: Monday,  Mar 15, 2010  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Riverbed Technology, Inc. (NASDAQ: RVBD) on 03/15/2010. Previously Piper Jaffray rated Overweight Riverbed Technology, Inc. (NASDAQ: RVBD) on
10/26/2009., when the stock price was $11.00. Since then, Riverbed Technology, Inc. has gained 23.86% as of 03/15/2010's recent price of $13.63.
If you would have followed the previous Piper Jaffray's recommendation on RVBD, you would have gained 23.86% of your investment in 140 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 Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2010 8:25 AM Hold
None
13.63
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  18.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2009 8:25 AM Buy
None
11.00
11/12/2007 9:25 AM Buy
None
13.86
7/27/2007 9:25 AM Hold
None
22.61

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