HEICO post-earnings sell-off overdone, says Canaccord Canaccord believes yesterday's sell-off in HEICO following its Q2 results was overdone. The firm believes its raised guidance, strong cash flow, and expected 20% growth across the cycle justifies a premium valuation. Canaccord keeps its Buy rating on shares, but lowered its price target on the stock to $65 from $69.
BofA/Merrill industrials/EU autos analysts hold analyst/industry conference call Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.