UBS upgraded Hexcel (HXL) to Buy from Neutral with a price target of $80, up from $65. The firm says the company’s “weak” Q3 could represent the trough with strong revenue and margin expansion going forward. Inflecting wide-body production in 2026 should bring mid-teens revenue growth and 300 points of margin expansion, the analyst tells investors in a research note. UBS believes the stock should re-rate higher as a result.
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