Piper Jaffray Upgrades Riverbed Technology To Overweight (RVBD)

Piper Jaffray upgrades Riverbed Technology (Nasdaq: RVBD) from Neutral to Overweight. Piper believes the sell-off in Riverbed Technology after the Q3 results, gives investors a great buying opportunity. Piper maintained its $24 price target on RVBD.

Riverbed Technology closes at $21.16 on Friday.


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