Hexcel to have a strong Q1 report, says Canaccord Canaccord expects Hexcel to have a strong Q1 report, which should be viewed favorably by investors given reset expectations. The firm expects full year results to beat guidance driven by the 787 and A350. Hexel is a Canaccord top pick with a price target of $52, raised from $50.
Hexcel selloff looks overdone, says RBC Capital After Hexcel (HXL) dropped 10% on fears related to the outlook for Airbus (EADSY) planes, RBC Capital estimates that changes made by Airbus would only reduce the compound annual growth rate of Hexcel's commercial aerospace business to 10.6% from 11.4% during 2015-2020. The firm cut its 2015-2016 revenue estimates by 6% and trimmed its price target on the stock to $46 from $47 but keeps an Outperform rating on the shares.