Barclays Maintains an 'Equalweight' on CA (CA); Weak 4Q; Growth Challenges Remain

Barclays maintains an 'Equalweight' on CA (NASDAQ: CA), PT $25.

Barclays analyst says, "We believe CA's weaker-than-expected 4QFY11 results provide further evidence of ongoing challenges to sustained growth. We maintain our EWt/Positive rating and would rotate out of the shares into competitor BMC Software (NYSE: BMC), currently showing acceleration in growth."

"For FY12, we are raising our revenue and non-GAAP EPS estimates to $4.813 billion (+8.7% y/y) and $2.17, from our prior estimates of $4.709 billion and $2.15, though we are lowering our cash flow estimate to $1.49 billion from $1.55 billion."

For more ratings news on CA click here and for the rating history of CA click here.

Shares of CA closed at $25.06 yesterday.

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