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Fly News Breaks for January 7, 2020
HXL
Jan 7, 2020 | 08:47 EDT
Longbow analyst Chris Olin downgraded Hexcel to Underperform from Neutral with a $62 price target. Investors are not fully discounting all of the trading risks, including falling 2020 earnings expectations, lingering MAX timeline uncertainty, and a "relatively weak" B787 backlog that could cancel a planned rate increase back to 14 per month, Olin tells investors in a research note. The analyst believes aerospace and tier-1 demand headwinds "are seemingly too big to ignore."
News For HXL From the Last 2 Days
HXL
Apr 22, 2024 | 18:11 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSCrane... To see the rest of the story go to thefly.com. See Story Here
HXL
HXL
Apr 22, 2024 | 16:19 EDT
Sees Commercial Aerospace Up mid-teens; Space & Defense: Up mid-single digits; Industrial: Up low to mid-single digits.
HXL
HXL
HXL
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