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Riverbed Technology, Inc. (RVBD) [hlAlert]

Rating:
Buy RVBD
up 2.29 %

Riverbed Technology, Inc. (RVBD) rated Buy

Posted on: Friday,  Aug 17, 2007  9:25 AM ET by Nollenberger Capital

Nollenberger Capital rated Buy Riverbed Technology, Inc. (NASDAQ: RVBD) on 08/17/2007, when the stock price was $20.45. Since
then, Riverbed Technology, Inc. has gained 2.30% as of 04/24/2016's recent price of $20.92.
If you would have followed this Nollenberger Capital's recommendation on RVBD, you would have gained 2.29% of your investment in 3173 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2007 9:25 AM Buy
None
20.45 27.50
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  16.09 %

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