Morgan Stanley keeps equal-weight on DPC, Joby and Hexcel, but cuts Joby and Hexcel targets
On October 19, 2026, Morgan Stanley kept equal-weight ratings on DPC Holdings, Joby Aviation and Hexcel, lowering Joby's target to $10 and Hexcel's to $97.
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what happened
On October 19, 2026, Morgan Stanley retained its equal-weight rating on three stocks: DPC Holdings, Joby Aviation and Hexcel. Dow Jones Newswires reported the move, citing ratings data from Benzinga. Two of the names also saw price targets reduced. Joby Aviation's target was lowered to $10.00 a share from $13.00, and Hexcel's to $97.00 from $110.00. No target change was reported for DPC Holdings.
The items were published between 16:59 and 17:08 GMT, and the Joby and Hexcel updates appeared only a few minutes apart.
why it matters
Equal-weight means the bank expects the stock to perform roughly in line with the broader market. The lower targets for Joby and Hexcel point to more cautious expectations for those companies, but routine updates like these rarely move the wider market and matter mainly to holders of the named shares.
tags
instruments
sources
- DPC Holdings Is Maintained at Equal-Weight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 16:59 UTC
- Joby Aviation Is Maintained at Equal-Weight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:08 UTC
- Hexcel Is Maintained at Equal-Weight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:07 UTC
- Loar Holdings Is Maintained at Equal-Weight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:14 UTC
- PENN Entertainment Is Maintained at Equal-Weight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:23 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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