Goldman Sachs Sees Potential For Improved Financial Momentum In CA's FY2012

In a report released this morning, Goldman Sachs is seeing potential for improved financial momentum in CA Technologies' CA FY2012. “Flat year to date (vs. NASDAQ +7%) and trading near a historic low multiple, we believe CA's risk/reward profile has improved,” Goldman Sachs writes. “On fundamentals, we see potential for revenue growth to show some acceleration in FY2012 (March) as bookings from the downturn period start to roll off the P&L and bookings from the recovery period start to roll on. We could also see better margin expansion this year as last year's acquisitions are digested and annualized.” CA Technologies closed Friday at $24.37.