Fly News Breaks for October 5, 2015
TYC, CFX, RXN, ROK, ETN, ADT
Oct 5, 2015 | 05:42 EDT
Barclays analyst Scott Davis upgraded ADT Corp. (ADT) to Equal Weight despite lowering his price target for shares to $30 from $35. Davis cut his estimates for U.S. Multi-Industry companies to reflect a weaker emerging market outlook, higher currency risk and slower export markets. He coupled the upgrade to ADT with downgrades of Eaton (ETN), Rockwell Automation (ROK), Rexnord (RXN), Colfax (CFX) and (TYC). The upgrade of ADT is largely a valuation call.
News For ADT;ETN;ROK;RXN;CFX;TYC From the Last 2 Days
ADT
Apr 25, 2024 | 06:57 EDT
Backs FY24 revenue view $4.8B-$5B, consensus $4.92B.