Heico Corp. (HEI) Reports Q3 EPS of $0.62

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KeyBanc Downgrades HEICO (HEI) to Sector Weight

August 26, 2016 7:14 AM EDT

KeyBanc downgraded HEICO (NYSE: HEI) from Overweight to Sector Weight and removed its price target. Analyst Michael F. Ciarmoli highlighted valuation and lack of near-term catalysts.

"We did not see the acceleration in organic growth we had anticipated in F3Q16 and consequently... More