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Stock impact report

HEICO Corporation (HEI) a Moderate Buy, Analysts See 23% Upside [Yahoo! Finance]

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Yahoo! Finance
According to a report by TheFly, Citigroup on February 27 added an ‘upside 90-day catalyst watch' on the company's shares. The firm has a Buy rating on the stock with a $400 price target. Citigroup described the recent 9% slump following the first quarter results late last month as ‘unwarranted', while adding that it views the current share price as an attractive entry point for investors looking to buy the dip. HEICO Corporation (HEI) a Moderate Buy, Analysts See 23% Upside Sergey Kohl / Shutterstock.com While HEICO Corporation (NYSE:HEI) reported a record net income, consolidated margin expansion, and robust growth in both operating income and net sales in Q1, shares fell in response to weakness observed in the company's Electronic Technologies Group which had a year-over-year decline in both operating income and operating margin. The company attributed the dip to a decrease in gross profit, which stemmed from declining net sales of space products and a less favorable pro Show less Read more
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