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Fly News Breaks for December 19, 2017
HEI
Dec 19, 2017 | 07:32 EDT
Canaccord analyst Ken Herbert said Heico's "strong" Q4 results and "conservative" 2018 guidance could be a positive catalyst for the shares. While the guidance was conservative in his view, he believes the stock will react well to the strong results, specifically the strong outlook for defense sales. Herbert reiterated his Buy rating and $95 price target on Heico shares.
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