UPDATE: UBS Investment Research Downgrades Fusion-IO on Transitional and Competitive Issues
December 03, 2013 at 10:45 AM EST
In a report published Tuesday, UBS Investment Research analyst Steven Milunovich downgraded the rating on Fusion-IO (NYSE: FIO ) from Buy to Neutral, and lowered the price target from $15.00 to $11.00. In the report, UBS Investment Research noted, “We are cutting our rating to Neutral with a lack of
