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Fly News Breaks for June 28, 2017
CA
Jun 28, 2017 | 07:36 EDT
Citi analyst Walter Pritchard believes the potential takeout of CA Technologies by privately held BMC has "significant strategic and financial merits." The analyst raised his price target for CA to $36 from $34, which factors in a 60% chance of an acquisition at $38 per share. He keeps a Neutral rating on CA.
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