Fusion-IO (FIO) Shares Jump as Lazard Sees 'Strong' Q2 Results
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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: 5 | New: 3
Rating Summary:
6 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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A sharp move higher in shares of Fusion-IO (NYSE: FIO) might be attributed to a mid-day research note from Lazard's Ed Parker. After jumping more than 6 percent earlier, shares of Fusion-IO have given back most of the gains and are now up just 1.5 percent.
Parker believes the company will post strong second-quarter results on Tuesday, January 24th. The analyst believes the current environment is still "benign" for Fusion-IO.
Parker maintains a Neutral rating on shares of Fusion-IO.
Parker believes the company will post strong second-quarter results on Tuesday, January 24th. The analyst believes the current environment is still "benign" for Fusion-IO.
Parker maintains a Neutral rating on shares of Fusion-IO.
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