Fusion-io (FIO) +4.8% on an upgrade to Buy from UBS' Steve Milunovich. Though concerned about...

|By:, SA News Editor

Fusion-io (FIO) +4.8% on an upgrade to Buy from UBS' Steve Milunovich. Though concerned about the sustainability of Fusion-io's competitive edge, Milunovich thinks the recent selloff "overcompensates for near-term risks," particularly in light of a solid FQ3 report. Shares are still down 16% since Fusion-io announced CEO David Flynn and CMO Rick White are leaving.