Stifel Initiates Coverage On Hexcel with Buy Rating, Announces Price Target of $83
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bert Subin has initiated coverage on Hexcel (NYSE:HXL), a manufacturer of composite materials and engineered products, with a Buy rating. Additionally, Subin has set a price target for Hexcel at $83.
December 01, 2023 | 11:00 am
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Stifel analyst Bert Subin has initiated coverage on Hexcel with a Buy rating and a price target of $83, indicating a positive outlook for the company's stock.
The initiation of coverage by Stifel with a Buy rating typically suggests a positive assessment of Hexcel's future performance and growth potential. The price target of $83 implies a bullish view on the stock, which may lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100