Fly News Breaks for January 4, 2016
HXL
Jan 4, 2016 | 06:57 EDT
Goldman analyst Noah Poponak downgraded Hexcel to Neutral and increased his price target to $52 from $51 on shares. Poponak sees increased risks to Aerospace Original Equipment, and Hexcel is nearly all OE with little aftermarket, and expects an inventory correction on the A350. The analyst said shares trade at a premium to peers and sees less upside for shares.
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