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Zacks Bull and Bear of the Day Highlights: Tyco International, Valero, Textron, Outboard Marine and Walmart – Press Releases
Zacks Market Commentaries (September 14th, 2009) Writes:
For Immediate Release
Chicago, IL – September 14, 2009 – Zacks Equity Research highlights Tyco International (TYC) as the Bull of the Day and Valero (VLO) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Textron (TXT), Outboard Marine (OM) and Walmart (WMT).
Full analysis of all these stocks is available at http://at.zacks.com/?id=2676
Here is a synopsis of all five stocks:
We are initiating coverage on Tyco International (TYC) shares with an Outperform rating and $36 target price.
The company's third-quarter results benefited from the improvement in key metrics like account growth, average revenue per user and the disconnect rate, which helped sustain recurring revenues.
Tyco is increasing capital expenditure on Research & Development at its two new centers in Shanghai and Bangalore, which are focused on developing products tailored to respective local
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