Fusion-io's next 30% move is up, says UBS

theflyonthewall.com

UBS believes Fusion-io's next 30% move is likely up. The firm expects 2013 revenue growth of 20% despite earlier guidance down, and 30% growth in 2013. The analyst notes key summer calendar events include FY14 outlook, 20nm product transition, and and an investor perception study that will aid communication. Share are Buy rated with a $19 price target.

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