Oppenheimer Reiterates Outperform on CA

Oppenheimer maintains its Outperform rating on CA, Inc. (NASDAQ: CA) as the company introduces version 2.0 of its Managed Service Provider licensing program.

Oppenheimer says, “On 12/7, CA introduced version 2.0 of its Managed Service Provider (MSP) licensing program for CA ARCserve, which adds subscription-based per-terabyte pricing options to its existing per-server model. By licensing CA ARCserve on a subscription basis per terabyte of data protected, MSPs can offer customers pay-as-you-go data protection solutions that don't require upfront surcharges and that keep costs tightly aligned with the customer's actual month-to-month needs.”

CA closed at $20.98 per share on Friday.