Lazard Raises Target on Riverbed (RVBD) to $35, Maintains Buy

April 2, 2012 1:08 PM EDT
Get Alerts RVBD Hot Sheet
Price: $20.99 --0%

Rating Summary:
    5 Buy, 27 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Lazard Capital's Ryan Hutchinson raised his price target on shares of Riverbed Technology (NASDAQ: RVBD) from $28 to $35 Monday morning. The analyst maintains a Buy rating on the stock.

With Riverbed shares up 0.14 percent to $28.12 at last check, Hutchinson's new price target represents potentially upside of about 24 percent.

For an analyst ratings summary and ratings history on Riverbed Technology click here. For more ratings news on Riverbed Technology click here.


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