CA Technologies stock jumps on analyst report
CA Technologies stock jumped Friday following a new analyst's report. Credit: Kevin P. Coughlin, 2012
Islandia-based CA Technologies Inc.’s stock hit its highest price since 2005 on Friday morning after an analyst at RBC Capital Markets raised its target price to $30 from $26.
The stock hit $29.83 in the morning, and then was trading at $29.12 around noon, after opening at $28.15, a more than 4 percent rise.
The software company’s market capitalization — the value of all its outstanding shares at the current price — is $13.17 billion.
'It's personal to me' The law would require businesses to have proper state licensing, prove that their employees are paid and ban staff from living at the spas or sleeping there overnight. Repeat offenders could face penalties up to $25,000. NewsdayTV's Shari Einhorn has more.
'It's personal to me' The law would require businesses to have proper state licensing, prove that their employees are paid and ban staff from living at the spas or sleeping there overnight. Repeat offenders could face penalties up to $25,000. NewsdayTV's Shari Einhorn has more.
