OCZ Technology Group Up Nearly 4% In Early Trade

OCZ Technology Group Inc. OCZ shares are performing well today, up almost 4% after Sterne Agee initiated coverage on the name with a $12 price target. Sterne Agee likes the solid state drive (SSD) space, in which OCZ Technology Group operates in. Fusion-Io FIO is also in this space. At last check, shares of OCZ Technology Group were up 28 cents to $8.17, a gain of 3.55%‎ in early Tuesday trading. OCZ Technology Group, Inc. designs, develops, manufactures, and distributes computer components for computing devices and systems worldwide. It primarily offers solid state drives, flash memory storage, memory modules, and thermal management solutions.