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Fly News Breaks for October 20, 2016
HXL
Oct 20, 2016 | 07:28 EDT
Canaccord analyst Ken Herbert said Hexcel reported better than expected Q3 results as expectations were muted heading into the report. The analyst said the results prove the company is one of the better and most predictable in its space in terms of execution. He believes the shares should react positively to the upside surprise and reiterated his Buy rating and $48 price target on Hexcel.
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