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Heico initiated with a Neutral at Susquehanna on ‘premium valuation’
As previously reported, Susquehanna initiated coverage of Heico (HEI) with a Neutral rating and $385 price target While the firm believes Heico is well-positioned for 8% compound annual growth in revenue and a 13% free cash flow compound annual growth rate from FY26-FY28 based on aftermarket tailwinds in commercial aviation and sustained investment in defense and space, it cites the stock’s “current sizable premium valuation” for its Neutral rating. The firm sees more upside opportunity from other stocks within its A&D coverage at this time, the analyst added.
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- Heico initiated with a Neutral at Susquehanna
- Heico price target raised to $415 from $367 at Citi
- The Week That Was, The Week Ahead: Macro and Markets, Jan. 4
- HEICO: Leveraging Flight Support Reacceleration, Defense Momentum, and M&A Capacity to Drive Sustained Above-Market Growth
- Heico price target raised to $391 from $366 at Truist
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