Riverbed (RVBD +2.1%) outperforms after RBC's Mark Sue upgrades shares to Buy and lifts his 2012...

|About: Riverbed Technology, Inc. (RVBD)|By:, SA News Editor

Riverbed (RVBD +2.1%) outperforms after RBC's Mark Sue upgrades shares to Buy and lifts his 2012 estimates. Sue is bullish on account of an improving order pipeline, stabilizing European sales, and a belief Riverbed could win a bigger share of deals in the WAN optimization hardware market, where it has a dominant position, as rivals de-emphasize their offerings.