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Fly News Breaks for August 6, 2015
CA
Aug 6, 2015 | 05:41 EDT
Jefferies analyst John DiFucci views the risk/reward on shares of CA Technologies as "very attractive." If management is successful in returning to modest growth next year, the stock could approach $40 over the next 12 to 18 months, DiFucci tells investors in a research note. Should management by unsuccessful, CA shares could remain stagnant at around $30, the analyst believes. As such, he views the risk/reward as positive and raised his price target for shares to $38 from $37. DiFucci has a Buy rating on CA.
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