Barclays Initiates Coverage On Heico with Equal-Weight Rating, Announces Price Target of $250
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Strauss has initiated coverage on Heico (NYSE:HEI) with an Equal-Weight rating and set a price target of $250.
August 19, 2024 | 1:20 pm
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Barclays has initiated coverage on Heico with an Equal-Weight rating and a price target of $250, suggesting a neutral stance on the stock's short-term performance.
The Equal-Weight rating indicates that Barclays expects Heico's stock to perform in line with the market. The price target of $250 suggests that the stock is fairly valued at current levels, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100