By: Benzinga
UPDATE: Oppenheimer Initiates Fusion-io at Perform Rating on Current Competitive Advantage
In a report published Monday, Oppenheimer analyst Ittai Kidron initiated coverage of Fusion-io Inc. (NYSE: FIO ) with a Perform rating. Kidron wrote, "We are initiating coverage on Fusion-io with a Perform rating. We believe Fusionio's first-mover advantage in the PCIe storage market and ability to leverage cheaper, denser cMLC
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