** Benchmark lifts price target on aircraft generic parts maker HEICO Corp HEI.N to $285 from $245
** New PT represents a 8.5% upside to the stock's last close
** Brokerage says continued adoption of parts manufacturer approval (PMA) components, or generic components, by Asian markets and international airlines a tailwind for HEI
** Also notes growth upside from HEI's pricing power from market share gains post COVID, incoming Trump administration's likely support for PMA approvals and Wencor synergies
** Thirteen brokerages rate the stock "buy" or higher and seven "hold"; their median PT is $278.50 - LSEG data
** As of last close, stock had risen ~47% YTD
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.