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Fly News Breaks for January 13, 2020
WWD, HXL
Jan 13, 2020 | 06:33 EDT
Credit Suisse analyst Robert Spingarn upgraded Hexcel (HXL) to Outperform from Neutral with a price target of $91, up from $78, following the announcement that the company will merger in an all-stock merger of equals with Woodward (WWD). Spingarn tells investors in a research note that he has a favorable view toward each standalone business and management team, as well as a long-term positive take on the strategic rationale behind the merger.
News For HXL;WWD From the Last 2 Days
