Jefferies analyst Sheila Kahyaoglu raised the firm’s price target on Heico to $205 from $180 and keeps a Buy rating on the shares after having met with the company’s CEO and CFO and coming away with the view that PMA market share gains are supporting aftermarket revenue and that the company maintains modest pricing despite inflation. The M&A pipeline is also more active than a year ago, the analyst tells investors following the management meetings.
Published first on TheFly
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