Hexcel Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Hexcel Corporation (NYSE:HXL) is expected to report higher Q3 earnings of 43 cents per share, up from 33 cents per share a year ago. The company's revenue is projected to be $427.28 million, compared to $398.06 million in the same period last year. Several analysts have recently adjusted their price targets for Hexcel, with the most accurate analyst, from Wolfe Research, upgrading the stock to Outperform with a price target of $83.
October 23, 2023 | 12:56 pm
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Hexcel Corporation is expected to report higher Q3 earnings and revenue. Analysts have adjusted their price targets, with the most accurate predicting an Outperform rating and $83 price target.
The expected increase in Hexcel's Q3 earnings and revenue, along with the recent upgrade to Outperform by the most accurate analyst, could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100