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Enter Symbol:
 
Fusion-IO, Inc. (FIO) [hlAlert]

Rating:
Hold FIO
up 120.55 %

FUSION-IO INC. (FIO) downgraded to Hold by Stifel Nicolaus

Posted on: Thursday,  Oct 27, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Fusion-IO, Inc. (NYSE: FIO) on 10/27/2011. Previously Stifel Nicolaus rated Buy Fusion-IO, Inc. (NYSE: FIO) on 09/23/2011.,
when the stock price was $15.86. Since then, Fusion-IO, Inc. has gained 120.55% as of 10/27/2011's recent price of $34.98.
If you would have followed the previous Stifel Nicolaus's recommendation on FIO, you would have gained 120.55% of your investment in 34 days.

Fusion-io Inc (Fusion) is a provider of data-centric computing solutions: a combination of hardware and software that places data closer to processing. Fusion?s family of NAND flash-based ioMemory technologies offer a solution that scales to meet the needs of information technology (IT) administrators and partners and allows them to re-imagine how data centers can be architected. Fusion?s software solutions are built on the ioMemory Virtual Storage Layer (VSL), a flash-optimized operating system (OS) subsystem that allows ioMemory to interact with the central processing unit (CPU) and system memory as a tier of memory, and emulates a block-based storage device to applications. Its ioMemory is for data center applications. A single ioMemory module has the capacity of 100 memory modules, and the performance of 1,000 disk drives.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2011 8:25 AM Hold
None
34.98
as of 12/30/2011
1 Week   
1 Month   
3 Months up  84.10 %
1 YTD up  120.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2011 8:25 AM Buy
None
15.86 27.00

(*) Stock Price at the time of the recommendation.
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