Sterne Agee Maintains Neutral Rating on Quantum

A report from Sterne Agee reiterates its Neutral rating on Quantum Corporation

. The report states, “After several quarters of challenging DXi results, the company may have finally broken through – driven in large part by the introduction of the 6701/2 series with DXi 2.0 in the quarter. The key challenge will be sustaining performance as expectations are clearly being raised on the stock again." QTM closed yesterday at $2.43.