Vertical Research Downgrades Hexcel to Hold, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Vertical Research has downgraded Hexcel (NYSE:HXL) from Buy to Hold, setting a price target of $65.
October 10, 2024 | 10:09 am
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Vertical Research downgraded Hexcel from Buy to Hold, with a new price target of $65, indicating a more cautious outlook on the stock.
The downgrade from Buy to Hold suggests that the analyst sees limited upside potential in Hexcel's stock price. The $65 price target may indicate that the stock is fairly valued at current levels, leading to a likely negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100