Truist Securities Maintains Hold on Hexcel, Raises Price Target to $73
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Ciarmoli maintains a 'Hold' rating on Hexcel (NYSE:HXL) and raises the price target from $68 to $73.

July 21, 2023 | 2:11 pm
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NEUTRAL IMPACT
Hexcel's price target has been raised from $68 to $73 by Truist Securities, while maintaining a 'Hold' rating.
The news of Truist Securities raising the price target for Hexcel while maintaining a 'Hold' rating is directly relevant to Hexcel. However, as the rating is 'Hold', it suggests that the stock is expected to perform in line with the market or the sector in the next 12 months, which means the impact on the stock price in the short term may be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100