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Fly News Breaks for August 10, 2017
HEI
Aug 10, 2017 | 07:43 EDT
Canaccord analyst Ken Herbert raised his price target on Heico to $91 from $80 following its conference presentation. The analyst said his Q2 commercial aerospace MRO survey supported the thesis that he saw an inflection point in the commercial aftermarket. He also cited improving market fundamentals and the investor appetite for industrial stocks with strong cash flows. Herbert reiterated his Buy rating on Heico shares.
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