Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli maintains a Buy rating on Hexcel (NYSE:HXL) but lowers the price target from $88 to $81.
July 17, 2024 | 2:02 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Hexcel but lowers the price target from $88 to $81.
The Buy rating suggests continued confidence in Hexcel's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100