CA Technologies (CA) Gains Ahead of Earnings

CA Technologies (NASDAQ: CA) is up 2.8% ahead of earnings after the close. The move comes even as bullish analysts don't see greatness this quarter.

Mizuho Securities, which upgraded the stock last week, said they are expecting F3Q16 revenues and EPS slightly below consensus. That said, given the the current macro uncertainty, they expect defensive names to outperform versus broader markets.

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