RBC Capital Upgrades Hexcel to Outperform, Raises Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ken Herbert has upgraded Hexcel (NYSE:HXL) from Sector Perform to Outperform and raised the price target from $75 to $85.
August 15, 2023 | 9:19 am
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Hexcel's stock has been upgraded to Outperform by RBC Capital, with a raised price target of $85.
The upgrade from RBC Capital is a positive signal for Hexcel. It indicates that the analyst believes the company will outperform the market, which could attract more investors and potentially drive the stock price up. The raised price target also suggests that the analyst sees more upside potential in the stock.
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