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Fly News Breaks for July 5, 2018
HXL
Jul 5, 2018 | 07:21 EDT
As previously reported, Canaccord analyst Ken Herbert upgraded Hexcel to Buy from Hold. The analyst believes the acceleration in growth expected in 2018 will continue into 2019 and he believes it will provide the company with better than industry growth due to its exposure to the commercial OE cycle. Herbert raised his price target to $80 from $70 on Hexcel shares.