Wells Fargo raised the firm’s price target on Heico (HEI) to $278 from $244 and keeps an Equal Weight rating on the shares. The firm says the company saw strong aftermarket demand in Q2 with indications of further strength to come in the second half of the year. Wells’ numbers move higher, but at its current valuation it remains on the sidelines.
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Read More on HEI:
- HEICO Corporation Reports Record Earnings and Strategic Growth
- Heico price target raised to $323 from $277 at Truist
- Morning Movers: Stocks jump as court blocks tariffs, Nvidia strong again
- Heico price target raised to $315 from $285 at RBC Capital
- Heico reported Q2 EPS $1.12, consensus $1.03 on Tuesday
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