Goldman Sachs Maintains Neutral on Hexcel, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has maintained a Neutral rating on Hexcel (NYSE:HXL) and increased the price target from $57 to $70.

January 11, 2024 | 1:17 pm
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Goldman Sachs has maintained a Neutral rating on Hexcel and raised the price target from $57 to $70, indicating a positive outlook on the stock's value.
The increase in price target by Goldman Sachs suggests a more optimistic valuation of Hexcel's stock, which could lead to increased investor interest and a potential short-term rise in the stock price. The Neutral rating indicates that the stock is adequately valued at its current price, but the raised target implies that Goldman Sachs sees some room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100