UPDATE: D.A. Davidson & Co. Initiates Coverage on Silicon Graphics International as Big Data and Storage are Driving Turn-Around, but Visibility is Weak

In a report published Friday, D.A. Davidson & Co. analyst Mark Kelleher initiated coverage on Silicon Graphics International Corp. (NASDAQ: SGI ) with a Neutral rating and $13.00 price target. In the report, D.A. Davidson & Co. noted, “Leveraging its years of experience and development in the high-performance computing market