Oppenheimer Reiterates Outperform on Riverbed Technology

Oppenheimer reiterated its Outperform rating on Riverbed Technology (NASDAQ: RVBD). At the moment, Oppenheimer has a price target of $40 placed on the company's stock. On Tuesday, Riverbed finished the day at $37.73. Its shares added 1.11% to their value in today's pre-market trading, however, to stand around $38.15.