Hexcel price target raised to $69 from $67 at UBS

UBS raised the firm’s price target on Hexcel (HXL) to $69 from $67 and keeps a Neutral rating on the shares. Hexcel continues to growth commercial aero steadily despite the production rate fluctuations on a number of Boeing (BA) and Airbus (EADSY) models, with growth expected to continue into 2025, the analyst tells investors in a research note. Hexcel pulled 2026 guidance, which helps reset the bar, and valuation remains at a discount to other Aerospace stocks under coverage, but the firm remains Neutral-rated with downside risk to consensus estimates.