|Last Update: 05/17/13 - 4:04 PM EDT|
|YTD Performance: 13.83%|
|Previous Close: $14.83|
|52 Week Range: $13.13 - $32.63|
|Oustanding Shares: 98,292,213|
|Market Cap: 1,457,673,519|
|Qtr (06/13)||Qtr (09/13)||FY (06/13)||FY (06/14)|
|Number of Analysts||6||5||6||6|
|Growth Rate (Year over Year)||-383.33%||-232.00%||-19.44%||-8.14%|
Shares of FIO were upgraded to a Buy rating from Neutral, said UBS. The stock price decline and strong flash demand overcompensate for the near-term risks. Price target goes to $19.
FIO was upgraded from Hold to Buy, Stifel Nicolaus said. $18 price target. Checks suggest the company can exceed near-term expectations.
I am grabbing a starter short on one name and putting a loser on the watch list for a long entry.
FIO was upgraded from Neutral to Buy, Lazard Capital Markets said. $23 price target. Business is lumpy, but the stock is attractively valued at current levels.
FIO was downgraded from Overweight to Neutral, JP Morgan said. $21 price target. Consensus revenue estimates need to move materially lower.
FIO was downgraded from Outperform to Neutral, Credit Suisse said. $17 price target. Company lacks near-term visibility.
I expect the market’s currently overbought condition will be corrected via price rather than time.