UPDATE: Deutsche Bank Downgrades Riverbed Technology to Sell on Lowered FY14 Estimates
August 20, 2013 at 10:35 AM EDT
In a report published Tuesday, Deutsche Bank analyst Brian Modoff downgraded the rating on Riverbed Technology (NASDAQ: RVBD ) from Hold to Sell, and lowered the price target from $14.00 to $11.00. In the report, Deutsche Bank noted, “We are downgrading RVBD from Hold to Sell; lowering our FY14 est
