Stifel analyst Bert Subin raised the firm’s price target on Heico to $230 from $215 and keeps a Buy rating on the shares. The firm sees the aerospace aftermarket cycle extending and believes Heico is “very well-positioned” to see upside to free cash flow expectations through at least FY25, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HEI: