Analysts: Cisco Will Weigh on Riverbed and 4 New Opinions Investors Must Read Now

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Riverbed Technology (NASDAQ:RVBD): According to Wunderlich, Cisco (NASDAQ:CSCO) decided to continue its efforts to compete with the core business of Riverbed via its announcement of a wide area network optimization as a module on the integrated services router product. The firm indicates that the Cisco announcement specifies pricing at 35 percent lower than the current market level. Wunderlich reiterates its Buy rating and lowered its price target to $19 from $23 on the stock.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business