UPDATE: Credit Suisse Restarts Coverage on Fusion-io (FIO) at Outperform

March 1, 2012 7:37 AM EST
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Price: $11.24 --0%

Rating Summary:
    6 Buy, 17 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 4 | New: 9
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(Updated - March 1, 2012 8:10 AM EST)

Credit Suisse restarts coverage on Fusion-io (NYSE: FIO) with an Outperform. PT $50.00.

The analyst sees CY12 revenue potential of up to $562.8 million, which is well above the Street. The firm also sees a number of new customers in the pipeline, including a couple of large ones.

For an analyst ratings summary and ratings history on Fusion-io click here. For more ratings news on Fusion-io click here.

Shares of Fusion-io closed at $27.30 yesterday.


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