Hexcel Corp. (HXL) PT Raised to $55 at Cowen
Get Alerts HXL Hot Sheet
Price: $79.62 -2.03%
Rating Summary:
10 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
Rating Summary:
10 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
Join SI Premium – FREE
Cowen analyst Gautam Khanna raised the price target on Hexcel Corp. (NYSE: HXL) to $55.00 (from $48.00) while maintaining a Market Perform rating.
The analyst commented, "Q1 extended HXL's comml aero demand recovery, and the high end of C22's EPS guidance range appears plausible, which suggests modest (3%) upside to Street estimates. The stock's valuation limits upward re-rating headroom, but downside in the stock is also limited by HXL's high short interest, robust growth prospects, and takeover appeal. We're resetting out PT to $55, approx. 17.5x C22E EV/EBITDA."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Hexcel Corp. (HXL) PT Lowered to $117 at UBS
- Deckers Outdoor (DECK) PT Lowered to $100 at Williams Trading
- RingCentral (RNG) PT Raised to $105 at FBN Securities
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Analyst PT ChangeRelated Entities
Cowen & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share