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Fly News Breaks for September 12, 2017
HEI
Sep 12, 2017 | 07:20 EDT
Seaport Global analyst Josh Sullivan initiated Heico with a Neutral and a $90 price target. The analyst said OEMs are focused on aerospace aftermarket assets and taking market share from traditional aftermarket players. Sullivan believes Heico is relatively insulated from this push and notes OEMs lack leverage over the company given it significant intellectual property.
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