Hexcel price target raised to $82 from $74 at RBC Capital

RBC Capital raised the firm’s price target on Hexcel (HXL) to $82 from $74 and keeps an Outperform rating on the shares. The company’s Q4 results were in-line while its initial FY25 guidance struck the right balance for investors estimating 10% commercial aero growth and should support confidence in the 2025-2027 outlook, the analyst tells investors in a research note. Hexcel management’s comments on the near-term free cash flow opportunity should support confidence in the cycle, the firm added.