Stifel Maintains Buy on Hexcel, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bert Subin maintains a Buy rating on Hexcel (NYSE:HXL), but lowers the price target from $90 to $86.
April 17, 2024 | 2:43 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Hexcel, but lowers the price target from $90 to $86.
While the reduction in price target could suggest a slightly less optimistic outlook on Hexcel's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100