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Imperial Capital Starts HEICO (HEI) at In-Line

January 4, 2013 8:34 AM EST Send to a Friend
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Price: $51.85 -4.69%

Rating Summary:
    7 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 13 | New: 28
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Imperial Capital initiates coverage on HEICO (NYSE: HEI) with a In-Line. PT $46.00.

The firm comments, "While initial FY13 guidance is relatively conservative, we believe anticipated upside is reflected in the stock price. We believe the "beat and raise" pattern will be stronger in 2H13 as fundamentals improve, but we see few catalysts that can support expansion of valuation premium as the company evolves and broadens its business mix."

For an analyst ratings summary and ratings history on HEICO click here. For more ratings news on HEICO click here.

Shares of HEICO closed at $45.81 yesterday.




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