Truist Securities Reiterates Buy on Heico, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has reiterated a Buy rating on Heico (NYSE:HEI) and raised the price target from $229 to $240.
May 30, 2024 | 2:05 pm
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Truist Securities has reiterated a Buy rating on Heico and increased the price target from $229 to $240, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the increase in the price target from $229 to $240 by Truist Securities suggests strong confidence in Heico's future performance. This is likely to positively impact the stock price in the short term as investors react to the updated analyst rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100