Hexcel price target raised to $83 from $70 at RBC Capital

RBC Capital raised the firm’s price target on Hexcel (HXL) to $83 from $70 and keeps an Outperform rating on the shares. The company reported mixed Q3 results and tweaked down the 2025 guide due to tariffs, higher interest, and slightly greater de-stock on the A350 and 787 than had been expected, the analyst tells investors in a research note. Hexcel sounded incrementally bullish on A350 build rates and other key aero programs into 2026 however and also took M&A off the table, which de-risks the capital return to shareholders, the firm added.