RBC Capital lowered the firm’s price target on Hexcel (HXL) to $62 from $70 and keeps an Outperform rating on the shares. The company reported a soft Q1 with a 3% sales decline, and the management also lowered its 2025 guidance, now reflecting basically flat growth across its end markets, the analyst tells investors in a research note. Hexcel’s focus on better cost control is a positive, and the stock’s valuation is compelling for the potential 2026-2028 upside, the firm adds.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HXL: