BMO Capital Maintains Market Perform on Hexcel, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty maintains a Market Perform rating on Hexcel (NYSE:HXL) but lowers the price target from $70 to $68.
October 28, 2024 | 11:36 am
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BMO Capital has maintained its Market Perform rating on Hexcel but has lowered the price target from $70 to $68, indicating a slightly less optimistic outlook.
The lowering of the price target from $70 to $68 by BMO Capital suggests a slightly less optimistic view on Hexcel's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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