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Stock Market & Financial Investment News

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January 15, 2014
11:27 EDTRVBDRiverbed price target raised to $24 from $20 at Oppenheimer
Oppenheimer raised its price target on Riverbed citing the company's better-than-expected pre-announcement and its improving fundamentals. The firm maintains its Outperform rating on Riverbed, but noted that the stock may be range-bound until Elliott responds to the company's rejection of the investor's takeover bid.
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