Seaport Global Downgrades Hexcel To Neutral - Read Why - Hexcel (NYSE:HXL)

Seaport Global analyst Richard Safran downgraded Hexcel Corp HXL to Neutral from Buy.
Safran removed his initial price target of $52 on the shares, which he views as "close to fully valued."
While he sees "no major negatives ahead," Safran doubts the company's coming Q3 report does much to lift the stock, and thinks his previous investment thesis "has played out."
While initiating Hexcel with a Buy Rating in July last year, Safran had mentioned that Aerospace recovery isn't priced in by the market and views Hexcel as an early beneficiary.
Price Action: HXL shares are trading lower by 0.94% at $60.13 on the last check Friday.

Momentum25.89

Growth41.41

Quality38.04

Value57.17

Short

Medium

Long

Seaport Global Downgrades Hexcel To Neutral - Read Why