Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Hexcel (NYSE:HXL) but has lowered the price target from $78 to $76.
October 18, 2024 | 1:39 pm
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Truist Securities has maintained its Buy rating on Hexcel but has slightly lowered the price target from $78 to $76, indicating a minor adjustment in expected performance.
The maintenance of a Buy rating suggests continued confidence in Hexcel's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100