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Fly News Breaks for March 29, 2019
HEES
Mar 29, 2019 | 06:43 EDT
Longbow analyst Faheem Sabeiha initiated H&E Equipment with a Buy and $34 price target. Sabeiha said the current share price is a "great entry point" based on relative historical valuation combined with growth potential from a company in the early stages of M&A expansion. The analyst also believes H&E is a consolidator in the industry and has the potential to double its footprint over the next several years.
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