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Fly News Breaks for August 29, 2019
HEI
Aug 29, 2019 | 07:21 EDT
Canaccord analyst Ken Herbert raised his price target on Heico to $160 from $130 following strong Q2 results. The analyst called top-line growth impressive considering the segments were both up against relatively strong comparisons form Q3/2018. He said margins were better than expected and the business is now clicking in all markets with the favorable backdrop set to continue. Herbert reiterated his Buy rating on Heico shares.
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