RBC Capital Maintains Outperform on Hexcel, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has maintained an 'Outperform' rating on Hexcel (NYSE:HXL), but lowered the price target from $85 to $80.
October 25, 2023 | 4:33 pm
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Hexcel's price target has been lowered from $85 to $80 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 70
RELEVANCE 100