Wednesday, June 20, 2007

UPDATE 1-RESEARCH ALERT-UBS starts Tyco "when issued" with buy

(Reuters) - The brokerage said the rating reflects its view of an
attractive mix of later-cycle industrial exposures, favorable
secular growth components, a significant cost reduction program
and an attractive valuation.




In a research note, the brokerage said it expects Tyco to
grow earnings per share by 40 percent in 2008 and 30 percent in
2009.


Read more at Reuters.com Mergers News

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