Fusion-IO (FIO +6.4%) continues its recent run after Morgan Stanley’s Katy Huberty reinstates...

|By:, SA News Editor

Fusion-IO (FIO +6.4%) continues its recent run after Morgan Stanley’s Katy Huberty reinstates coverage at Buy, writing that its overall market for enterprise flash storage equipment could rise from $2B at present to $20B “over time.” "Over half of FIO’s customers are using its products for persistent storage in scale-out environments,” Huberty says, which demonstrate strong customer relationships.