riverbed technology

Riverbed Technology (NASDAQ: RVBD) announced on Thursday morning preliminary financial results for the third quarter. Riverbed expects its revenue to be $276 million to $277 million in the quarter, falling short of the company's prior guidance of $285 million to $295. The company blamed lower than...

Following Elliott Associates offer to acquire Riverbed Technology (NASDAQ: RVBD) for $19 a share, several analysts published research reports. Related: Elliott Associates Launches $3 Billion Tender Offer For Riverbed Technology Jefferies: Negative view of Riverbed business, but that no longer...

Citi published a research report on Riverbed Technology (NASDAQ: RVBD) that previewed 2Q results. According to Citi's report, "With RVBD shares trading at 41x F12M earnings, decelerating growth and an increasingly worrisome macro environment (most notably, Europe and Government Spending), we...

Oppenheimer has downgraded Riverbed Technology (NASDAQ: RVBD) from Outperform to Perform and has removed its $40 price target.

SunTrust has downgraded Riverbed Technology (NASDAQ: RVBD) from Buy to Neutral.

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...

Goldman Sachs provided color on a number of Silicon Valley companies in a research report published today. Goldman was disappointed with Cisco Systems (NASDAQ: CSCO), after the company's failure to create a router that can match its competitors. The report states, "Cisco announced a new edge...

Bank of America provided color on the Telecom Equipment industry in a research report published today. Bank of America Decided to maintain its Buy rating on Juniper (NYSE: JNPR) after a meeting with the company's CEO. The report states, "Juniper CEO Kevin Johnson provided an overview of Juniper's...

J.P. Morgan is out with its report today on Riverbed (NASDAQ: RVBD), lowering its PT from $43 to $38.50. In a note to clients, J.P. Morgan writes, "Based on the 4/19/11 after-market price of $33.70, RVBD trades at 29.4x the Bloomberg consensus EPS estimate of $1.15 for FY12. Applying this multiple...

Goldman Sachs is out with its report today on Riverbed Technology (NASDAQ: RVBD), lowering its PT from $43 to $40. In a note to clients, Goldman Sachs writes, "We are lowering our 12-month PT to $40 (prior $43), which is based on 34.5X (from 37X on lower long-term EPS growth) our new CY2012...

Piper Jaffray is out with its report today on Riverbed Technology (NASDAQ: RVBD), raising its PT from $35 to $37. In a note to clients, Piper Jaffray writes, "Riverbed posted another strong quarter, exceeding both the consensus estimates as well as the high-end of management's guidance. The...

JP Morgan has lowered the price target on Riverbed Technology (NASDAQ: RVBD) from $43 to $38.50 and maintains its Overweight rating.

(TheStreet) -- Riverbed's (NASDAQ: RVBD) upside pre-announcement shows which way the spending is flowing in networking gear -- away from equipment shops like Cisco (NASDAQ: CSCO) and Extreme Networks (NASDAQ: EXTR). Riverbed, which makes networking systems that squeeze higher performance out of...