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HEICO (HEI) Gets a Buy from Goldman Sachs

Tipranks - Tue Mar 3, 7:32AM CST

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Buy rating on HEICO, with a price target of $417.00.

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Poponak covers the Industrials sector, focusing on stocks such as Boeing, Ducommun, and Woodward. According to TipRanks, Poponak has an average return of 8.1% and a 55.56% success rate on recommended stocks.

In addition to Goldman Sachs, HEICO also received a Buy from Citi’s John Godyn in a report issued today. However, on February 27, TD Cowen maintained a Hold rating on HEICO (NYSE: HEI).

Based on HEICO’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.18 billion and a net profit of $190.19 million. In comparison, last year the company earned a revenue of $1.03 billion and had a net profit of $167.96 million

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