Wells Fargo analyst Matthew Akers raised the firm’s price target on Hexcel to $81 from $78 and keeps an Equal Weight rating on the shares. The firm says Hexcel’s investor day highlighted its differentiated technology and market position, with opportunity for productivity improvement on improving labor productivity and technology adoption. Long-term targets are about in line with consensus, Wells adds.
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- Event 1 Description: The company announced that it will host an investor day event on April 22, 2021, from 1:00 PM to 4:00 PM ET. The event will feature presentations from the executive team, focusing on strategic initiatives, financial updates, and long-term growth strategies. Attendees will have the opportunity to ask questions during a live Q&A session. The event will be webcasted live, and a replay will be available for those who cannot attend.
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