Market Overview

UPDATE: Imperial Capital Research Initiates Coverage on HEICO Corporation with In-Line Rating, $46 PT

Share:
Related HEI
Earnings Scheduled For May 23, 2017
Earnings Scheduled For February 28, 2017

In a report published Friday, Imperial Capital Research initiated coverage on HEICO Corporation (NYSE: HEI) with an In-Line rating and $46.00 price target.

Imperial Capital noted, “We are initiating coverage of HEI with an In-Line rating and a one-year price target of $46. While initial FY13 guidance is relatively conservative, we believe anticipated upside is reflected in the stock price. We believe the ‘beat and raise' pattern will be stronger in 2H13 as fundamentals improve, but we see few catalysts that can support expansion of valuation premium as the company evolves and broadens its business mix.”

HEICO Corporation closed on Thursday at $45.81.

Latest Ratings for HEI

DateFirmActionFromTo
Apr 2017Stephens & Co.Initiates Coverage OnEqual-Weight
Apr 2017Deutsche BankInitiates Coverage OnBuy
Jan 2017SunTrust Robinson HumphreyInitiates Coverage OnBuy

View More Analyst Ratings for HEI
View the Latest Analyst Ratings

Posted-In: Imperial Capital ResearchAnalyst Color Initiation Analyst Ratings

 

Related Articles (HEI)

View Comments and Join the Discussion!