Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli maintains a Buy rating on Hexcel (NYSE:HXL) but lowers the price target from $81 to $78.
July 19, 2024 | 5:13 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Hexcel but lowers the price target from $81 to $78.
The maintained Buy rating suggests continued confidence in Hexcel's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100