Buckingham Cuts Tyco International (TYC) to Neutral

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September 19, 2011 1:14 PM EDT
Get Alerts TYC Hot Sheet
Price: $45.59 --0%

Rating Summary:
    9 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 2
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An analyst at Buckingham Research downgraded shares of Tyco International (NYSE: TYC) from Buy to Neutral Monday afternoon following news the company's Board has decided to break the company into three separate, publicly-traded entities. The analyst reduced the firm's price target from $58 to $52.

Shares are up 2.2 percent to around $44.66 this afternoon.

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

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