Barclays Downgrades Tyco To Equal-weight

Analysts at Barclays downgraded Tyco International, Ltd. (Switzerland)

from Overweight to Equal-weight. The price target for Tyco International is set to $48. Tyco shares have gained 16.55% over the past 52 weeks, while the S&P 500 index has surged 9.62% in the same period. Tyco International's shares fell 0.70% to $41.25 in pre-market trading.