Riverbed Technology "Over the course of 2Q, Riverbed is likely to tread water as the debate rages on the growth rate of the core market and the degree of market saturation," Miller Tabak analysts wrote in an April 19 report. "We strongly believe this market has substantial growth in front of it." Shares of Riverbed Technology hit a 52-week low of $17.84 on Tuesday. The stock's 52-week high of $41.83 was set on July 7. Riverbed Technology's forward P/E is 15.19; the average for telecommunications equipment companies is 28.93. For comparison, Harris ( HRS) has a lower forward P/E of 7.96. Twenty-one of the 37 analysts who cover Riverbed Technology rated it hold. Fourteen analysts gave the stock a buy rating and two rated it sell. The stock has fallen 23.7% year to date.