So if RVBD is overvalued now, then why the heck didn't he come out with his research report a couple months ago when it would have been extremely valued at over 30 something per share. Whatever, everyone's entitled to their own opinion. Like Cramer said, we are in the seasonally strong period for Tech and also there is a buyback that Riverbed announced not too long ago. I'll stay long. Good Luck All.
Downside in this stock is over , low for the year is in , when earnings comes out I believe Oct 19th , we will be back at 30 , this guy from Jeffries is way late for the downside , even all the analysts who readjusted their price targets lower because of Europe and Government spending , have it at 27-37 per share . GOOD LUCK (prior to that price targets were 35- 40's )