STEC INC (STEC) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of STEC INC (STEC) from UNDERPERFORM to NEUTRAL on October 09, 2012, with a target price of $6.70.

Simple Technology is a technology solutions provider offering products based on dynamic random access memory, or DRAM, static random access memory, or SRAM, and Flash memory technologies. The company designs, manufactures and markets a comprehensive line of custom and standard memory and storage products, as well as connectivity products that connect memory cards and hard drive upgrade kits to PCs. These products are used in high performance computing, networking and communications, consumer electronics and industrial applications.

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