Fusion-IO: Spreading to More Parts of Apple’s iCloud, Says Piper
Piper Jaffray’s Andrew Nowinski this morning reiterates an Overweight rating on shares of Fusion-IO (FIO) and a $38 price target, writing that the maker of data acceleration plug-in boards for servers could see Apple (AAPL) top Facebook (FB) as its largest customer. Nowinski spent two days last week meeting with Fusion’s CEO David Flynn and [...]
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