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Heico initiated with a Buy at Stifel
The Fly

Heico initiated with a Buy at Stifel

Stifel initiated coverage of Heico with a Buy rating and $200 price target. With aftermarket demand expected to remain strong in 2024, and Heico having not raised prices at the same level as OEMs in 2022-2023, the firm sees margin, earnings and FCF upside in 2024-25, the analyst tells investors.

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