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HLIO

Helios Technologies

$45.98

-0.52 (-1.12%)

07:27
12/17/19
12/17
07:27
12/17/19
07:27

Helios Technologies initiated with a Hold at SunTrust

SunTrust analyst James Sheehan initiated coverage of Helios Technologies with a Hold rating and $48 price target. The analyst is positive on the company's "differentiated product portfolio" with above growth potential and opportunity for market share gains as manufacturers build safer and more productive machines. Sheehan notes that Helios' new products with dual hydraulic and electronic functionalities can support its stronger organic growth when key end markets recover. In the near term however, the analyst believes that a neutral stance is warranted, anticipating range-bound activity for Helios Technologies shares.

HLIO Helios Technologies
$45.98

-0.52 (-1.12%)

12/17/19
RHCO
12/17/19
INITIATION
Target $48
RHCO
Hold
Helios Technologies initiated with a Hold at SunTrust
SunTrust analyst James Sheehan initiated coverage of Helios Technologies with a Hold rating and $48 price target.

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