Morgan Stanley Reiterates Equal-Weight on Tyco International

Morgan Stanley maintains its Equal-weight rating on Tyco International

ahead of a guidance call with the company and following a very solid quarter. Morgan Stanley comments on the upcoming call: "We might expect TYC to roll through the 8c of upside through into a 5c raise to existing FY guidance of $3.50-$3.60; we might expect 2Q guidance somewhere in the range of 75-80c, although this normally underwhelms." TYC closed at $49.21 a share on Monday.