Morgan Stanley Maintains Underweight on Hexcel, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag maintains an Underweight rating on Hexcel (NYSE:HXL) and lowers the price target from $63 to $61.
July 22, 2024 | 10:18 am
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Morgan Stanley has maintained its Underweight rating on Hexcel and lowered the price target from $63 to $61, indicating a bearish outlook.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley suggest a bearish outlook on Hexcel's stock, likely leading to a short-term decline in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100