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H&E Equipment price target raised to $75 from $61 at B. Riley
The Fly

H&E Equipment price target raised to $75 from $61 at B. Riley

B. Riley analyst Alex Rygiel raised the firm’s price target on H&E Equipment to $75 from $61 and keeps a Buy rating on the shares after the company reported Q4 EPS ahead of the firm’s estimate and consensus. The firm is maintaining its 2024 EPS estimate of $5.25 and initiating a 2025 EPS estimate of $6.00, the analyst noted.

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