Barclays Maintains Equal-Weight on Hexcel, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Strauss has maintained an Equal-Weight rating on Hexcel (NYSE:HXL) but reduced the price target from $80 to $75.

January 30, 2024 | 10:42 am
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Barclays has maintained an Equal-Weight rating on Hexcel and lowered the price target from $80 to $75.
The reduction in price target by Barclays reflects a more conservative valuation of Hexcel, which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100