Wells Fargo analyst Matthew Akers lowered the firm’s price target on Hexcel (HXL) to $53 from $55 and keeps an Equal Weight rating on the shares. The firm is reducing its estimates following Q1 with commercial aircraft programs ramping up slower than planned.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HXL: