Shares of supplier Hexcel (HXL) are down 86c, or 1%, to $64.19 in afternoon trading after Airbus (EADSY) lowered its 2024 guidance and said it now intends to deliver around 770 commercial aircraft in 2024.
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Read More on HXL:
- Lululemon initiated, Block upgraded: Wall Street’s top analyst calls
- Wells Fargo upgrades Hexcel to Overweight, raises price target to $95
- Hexcel upgraded to Overweight from Equal Weight at Wells Fargo
- Hexcel Board Expansion and Strong Shareholder Governance
- Hexcel price target lowered to $70 from $71 at Deutsche Bank