Market Overview

UPDATE: Mizuho Calls Fusion-io 'Very Attractive Acquisition Target'

Related FIO
Stock Market News for July 01, 2014 - Market News
Benzinga's M&A Chatter for Monday June 16, 2014
Report: Oracle Nearing Deal for Micros Systems (Fox Business)

From Mizuho note announcing new Buy rating, $22 price target on share of Fusion-io (NYSE: FIO):

"...FIO is a very attractive acquisition target for larger technology providers. Price could be around $40 if it gets acquired at historical storage acquisition multiples."

With shares of Fusion-io up 2 percent to $16.46 at last check, Mizuho's new price target implies potential upside of about 34 percent.

Latest Ratings for FIO

DateFirmActionFromTo
Jul 2014Monness Crespi HardtTerminatesNeutral
Jun 2014Piper JaffrayDowngradesOverweightNeutral
Jun 2014Credit SuisseDowngradesOutperformNeutral

View More Analyst Ratings for FIO
View the Latest Analyst Ratings

Posted-In: Analyst Color Price Target Initiation Analyst Ratings

 

Related Articles (FIO)

Around the Web, We're Loving...

Get Benzinga's Newsletters