Market news:

• Ingersoll-Rand Retains Buy Rating at Deutsche Bank Jun 17, 2011 03:00 PM
  

  As the management of Ingersoll-Rand Co. (NYSE: IR) continues to see a recovery in the US, guided by the light commercial side of the market, analysts at Deutsche Bank reiterated Buy rating on the shares of the former. They set a price target of $58 for the stock.

• Tyco Retains Buy Rating at DB Jun 17, 2011 03:00 PM
  

  Analysts at Deutsche Bank maintained Buy rating on the shares of Tyco International Ltd. (NYSE: TYC) as the latter sees a continued momentum in ADT Pulse adoption rates that has moved from 14.5 percent in first quarter of 2011 to 15.5 percent in second quarter of FY2011. They set a price target of $56 for the stock.

• Parker-Hannifin Maintains Buy Rating at DB Jun 17, 2011 02:30 PM
  

  Analysts at Deutsche Bank maintained Buy rating on the shares of Parker Hannifin Corp. (NYSE: PH) as it reiterated its 10 percent per annum revenue growth target, with 5 percent from organic growth. They set a price target $103 for the stock.

• Research in Motion Plunge, Taking Sector Lower Jun 17, 2011 02:15 PM
  

  Shares of Research in Motion Limited (Nasdaq: RIMM) fell hard on Friday morning as the BlackBerry maker slashed its forecast, pulling the rest of the sector lower.

• Sears, BJ’s leads Retail Sector Higher Jun 17, 2011 01:40 PM
  

  The retail sector rose Friday led the rise in stock prices of Sears Holdings Corp. (Nasdaq: SHLD) and BJ’s Wholesale Club Inc. (NYSE: BJ).

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