BMO Capital Maintains Market Perform on Hexcel, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has maintained a Market Perform rating on Hexcel (NYSE:HXL) and reduced the price target from $78 to $69.
January 29, 2024 | 2:23 pm
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BMO Capital analyst John McNulty has maintained a Market Perform rating on Hexcel but lowered the price target from $78 to $69, indicating a potential downside compared to the previous target.
The reduction in price target by BMO Capital suggests that the analyst sees less upside potential for Hexcel's stock price in the short term. This could lead to negative sentiment among investors and potentially put downward pressure on the stock price.
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