Hexcel price target lowered to $85 from $88 at BMO Capital

BMO Capital analyst John McNulty lowered the firm’s price target on Hexcel (HXL) to $85 from $88 and keeps a Market Perform rating on the shares. The company delivered a solid Q4 beat and while the guide for 25% EPS growth at the mid-point in 2026 had the Street at the high end of the range, investors looked past it and drove shares higher, the analyst tells investors in a research note. Hexcel has some of the best growth characteristics in the space, but it also has one of the most lofty valuations, the firm added.