DA Davidson chimes in on HEICO (HEI +1.2%) today after the company posted a solid FQ2, raising...

|About: HEICO Corporation (HEI)|By:, SA News Editor

DA Davidson chimes in on HEICO (HEI +1.2%) today after the company posted a solid FQ2, raising its price target from $44 to $48 and reiterating its Buy rating. The firm says the raised guidance by the company indicates strong organic growth, while the benefits from its Reinhold acquisition also appear to be gaining traction as well. Credit Suisse also upped its price target on the shares as well on the strong quarter from $43 to $50.