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Fusion-io (FIO -2.1%) is underperforming today after Auriga's Kevin Hunt launches coverage with...

Sep. 07, 2011 11:28 AM ETFusion-io, Inc. (FIO) StockFIOBy: Eric Jhonsa, SA News Editor1 Comment
Fusion-io (FIO -2.1%) is underperforming today after Auriga's Kevin Hunt launches coverage with a Sell and $16 PT. While calling Fusion-io "a very exciting growth story," and noting its strong customer base, Hunt considers the company's valuation to be too rich, even assuming 35% annual growth over the next five years. (previously)

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