UPDATE: Lazard Capital Markets Upgrades Fusion-io to Buy; Story Intact Post Guidance Surprise
Posted on January 31, 2013 at 13:08 PM EST
Lazard Capital Markets upgraded Fusion-io (NYSE: FIO ) from Neutral to Buy and announced a $23.00 price target. Lazard Capital Markets noted, "We are upgrading shares of FIO to BUY from NEUTRAL as we see little change to the story after last night's negative surprise. Customer concentration and its associated