Zacks Investment Research upgraded shares of FUSION-IO INC (FIO) from NEUTRAL to OUTPERFORM on October 30, 2012, with a target price of $26.30.
Fusion-io, Inc. is engaged in the design, development and retail of storage memory platform that helps data decentralization. Its ioMemory modules move process-critical, or active data closer to the CPU where it is processed. Products developed by the Company include ioMemory hardware, VSL virtualization software, directCache automated data-tiering software, and ioSphere platform management software. It retails its products in United States, the United Kingdom, Germany, Japan, Hong Kong, Singapore, Australia, and Canada. Fusion-io, Inc. is headquartered in Salt Lake City, Utah.
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