January 30, 2011 / 5:26 PM / in 7 years

Barrons says Tyco stock could rise

NEW YORK, Jan 30 (Reuters) - Shares in Tyco International TYC.N could rise to the mid-$60s in the next 12 to 18 months, based on what analysts believe, according to the Jan. 31 edition of Barron‘s.

The company’s stock, which closed at $44.68 on Friday, would be helped by growth in earnings, such as the 11 percent rise analysts expect this year, Barron’s wrote.

Some bulls think Tyco is trading 18 percent below its sum-of-the-parts value, Barron’s wrote. (Reporting by Caroline Humer; Editing by Marguerita Choy)

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