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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