Tech Winners & Losers: CA

A guidance boost lifts shares.
By Priya Ganapati ,

Tech stocks were down Friday, along with the major market indices as

investors grappled with

rising oil prices and weak home-sales numbers.

Shares of

CA

(CA) - Get Report

were up $1.24, or 5.1%, to $25.41 after the company guided current fiscal year revenue and earnings

above Street expectations

. However, fourth-quarter EPS came in below analysts' estimates. CA posted an 18% increase in revenue to $1.09 billion for the quarter. Net income was $71 million and EPS, excluding items, was 22 cents. Analysts were expecting revenue of $1.09 billion and EPS of 28 cents.

Apple

(AAPL) - Get Report

added $2.82, or 1.6%, to $179.97 after an analyst at Merill Lynch raised his price target on the stock to $215 from $186 on increased confidence in Apple's ability to get a bigger market share in the smartphone market. A Goldman Sachs analyst also added Apple on Thursday to its America's Conviction Buy list and raised his price target on the stock to $220 from $185.

Dell

(DELL) - Get Report

gained 29 cents, or 1.3%, to $21.17 after an analyst at Morgan Stanley upgraded the stock to overweight from equal weight and set a price target of $28. A shift to lower-priced systems in the server market could benefit the company, said the analyst.

Sun Microsystems

( JAVA) lost 41 cents, or 3.2%, to $12.73 after an analyst at Morgan Stanley cut rating on the stock to underweight. Sun's market share in the server business

is at risk

since demand declines, said the analyst. Separately, a Standard & Poor's equity research analyst also cut his rating to sell from buy, based on the belief that competition in the server markets will intensify over the next 12 months, said

Reuters

.

ASML Holding

(ASML) - Get Report

, which makes and services semiconductor processing equipment, was down 82 cents, or 2.8%, to $28.91. An analyst at UBS downgraded the stock to neutral from buy. Incoming orders for ASML are likely to remain concentrated within less than a handful of customers for the customers and could be tracking below expectations, said the analyst in a note.

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