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Heico Corporation (NYSE: HEI) upgraded to Buy by BofA/Merrill

Tuesday,  Dec 22, 2015  10:25 AM ET by Betsy O'Brien Harrison

BofA/Merrill upgraded Heico Corporation (NYSE: HEI) to Buy. Previously
BofA/Merrill upgraded to Heico Corporation (NYSE: HEI) to Neutral on 02/28/2013, when the stock price was $34.50.

Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO's customers include a majority of the world's airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers.


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