Goldman Sachs Upgrades Hexcel to Neutral, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has upgraded Hexcel (NYSE:HXL) from Sell to Neutral and increased the price target from $57 to $70.
January 10, 2024 | 11:35 am
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POSITIVE IMPACT
Goldman Sachs upgraded Hexcel from Sell to Neutral and raised the price target from $57 to $70, indicating a more favorable outlook on the stock.
The upgrade from Sell to Neutral by a prominent analyst at Goldman Sachs suggests an improved outlook for Hexcel, which could lead to increased investor confidence and a potential rise in the stock price in the short term. The raise in price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100