Heico price target raised to $360 from $340 at Jefferies

Jefferies raised the firm’s price target on Heico (HEI) to $360 from $340 and keeps a Buy rating on the shares. Ahead of the company’s quarterly results, the firm provided its forecast for EPS, anting that its increased FYF25 EPS view of $4.55 from $4.50 reflects the addition of Gables Engineering. An ongoing Flight Support Group tailwind will support low double digit organic growth as well, the analyst tells investors in a research note.