tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hexcel upgraded to Buy from Neutral at UBS

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.

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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1