Deutsche Bank Maintains Hold on Hexcel, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Scott Deuschle maintains a Hold rating on Hexcel (NYSE:HXL) but lowers the price target from $65 to $62.
October 03, 2024 | 11:39 am
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Deutsche Bank has maintained its Hold rating on Hexcel but reduced the price target from $65 to $62, indicating a slightly less optimistic outlook.
The reduction in the price target from $65 to $62 by Deutsche Bank suggests a less optimistic view on Hexcel's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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