Fusion-io competitive concerns overblown, says Piper Jaffray; Target = $38

Piper Jaffray expects Fusion-io to report slight upside to Q2 consensus estimates and believes recent competitive concerns are overdone. Piper thinks there has been no change to the competitive landscape at Fusion-io’s strategic accounts and reiterates an Overweight rating on the stock with a $38 price target. :theflyonthewall.com

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