RBC Capital Maintains Outperform on Heico, Raises Price Target to $272
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert maintains an Outperform rating on Heico (NYSE:HEI) and raises the price target from $250 to $272.
August 28, 2024 | 1:26 pm
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RBC Capital has reaffirmed its Outperform rating on Heico and increased the price target from $250 to $272, indicating confidence in the company's future performance.
The increase in price target from $250 to $272 by RBC Capital suggests a positive outlook on Heico's future performance. The Outperform rating indicates that the analyst expects Heico to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100