Thursday, February 2, 2012

Tyco (TYC) (EPAY) (FTNT) (STX) (WEN) (RGA) Ratings, Price Targets

Tyco International Ltd (NYSE: TYC), Bottomline Technologies (NASDAQ: EPAY), Fortinet, Inc. (NASDAQ: FTNT), Seagate (NYSE: STX), Wendys Arbys Group (NYSE: WEN) and Reinsurance Group of America (NYSE: RGA) ratings and price targets.

Bottomline Technologies (EPAY) had its “Buy” rating reiterated by Canaccord Genuity.

Fortinet, Inc. (FTNT) had its “Market Perform” rating reiterated by Oppenheimer.

Seagate (STX) had its price target raised by Needham & Company from $35.00 to $45.00. They have a “Strong-Buy” rating on the company.

Tyco International Ltd (TYC) had its price target raised by FBR Capital from $54.00 to $57.00. They have an “Outperform” rating on the company.

Wendys Arbys Group (WEN) was downgraded by Roth Capital from a “Buy” rating to a “Neutral” rating.

Reinsurance Group of America (RGA) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.

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