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Fly News Breaks for December 13, 2017
HXL
Dec 13, 2017 | 07:45 EDT
Canaccord analyst Ken Herbert said Hexcel's investor day reinforced confidence in free-cash-flow upside due to the improving outlook for the commercial aerospace sector and the strong $18B buyback authorization from Boeing which supports a positive view of sector free-cash-flow. The analyst raised Hexcel's price target to $64 from $62 and maintained a Hold rating.
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