HEICO Corporation Increases Semi-Annual Cash Dividend 13 percent

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Jefferies Raises Price Target on Heico Corp. (HEI) Following 4Q Report

December 15, 2016 9:56 AM EST

Jefferies reiterated a Hold rating on HEICO (NYSE: HEI), and raised the price target to $84.00 (from $72.00), following the company's 4Q earnings report. EPS of $0.65 came in ahead of consensus of $0.62.

Analyst Sheila Kahyaoglu commented, "Heico delivered FQ4:16 EPS of $0.65 vs. our... More