J.P. Morgan Continues To Rate CA Technologies Overweight

According to J.P Morgan, CA Technologies CA held its analyst day in NYC. J.P Morgan said that it has been 15 months since CA's last analyst day, and we appreciate the additional disclosure that management provided with regards to their business segments, plans to return value to shareholders, and an updated long-term financial outlook. “We continue to rate CA Overweight with a $30 price target based on scenario 3 of our DCF.” CA Technologies closed on Friday at $22.30.