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Hexcel Corp. Message Board

  • joeblowup411 joeblowup411 Mar 19, 2012 9:34 AM Flag

    Needham & Company Maintains a 'Buy' Hexcel Corp. (HXL); Ramp-Up Is Just Beginning

    Needham & Company Maintains a 'Buy' Hexcel Corp. (HXL); Ramp-Up Is Just Beginning

    Needham & Company maintains a 'Buy' Hexcel Corp. (NYSE: HXL) price target of $34.00.

    Analyst, Michael Lew, said, "In our view, Hexcel is well positioned as a strategic supplier of carbon fiber to a commercial aerospace sector that is undergoing a secular shift toward more composite-intensive aircraft. We are increasing our near-term estimates to reflect the onset of a ramp-up in build rates as airplane manufacturers work off a large backlog of orders. Our bullish view is based on the company's strong financial visibility in these uncertain economic times."

 
HXL
44.95-0.27(-0.60%)Aug 24 4:02 PMEDT