RBC Capital Downgrades Hexcel to Sector Perform, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Hexcel (NYSE:HXL) from Outperform to Sector Perform and lowered its price target from $76 to $68.
August 14, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RBC Capital has downgraded Hexcel from Outperform to Sector Perform and reduced the price target from $76 to $68.
The downgrade from Outperform to Sector Perform and the reduction in the price target from $76 to $68 by RBC Capital is likely to negatively impact Hexcel's stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100