RBC Capital analyst Ken Herbert raised the firm’s price target on Heico (HEI) to $375 from $350 and keeps an Outperform rating on the shares. The company ended FY25 with another strong Q4 result as revenue rose 21% y/y and 13% organically, while free cash flow surprised to the upside, the analyst tells investors in a research note. The management’s commentary on a better sales mix shift and a robust M&A pipeline also remain constructive for sentiment on the stock, the firm added.
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