RBC Capital keeps Hexcel and Graco at Outperform but trims price targets

what happened

Analysts at RBC Capital kept their Outperform rating on Hexcel and Graco shares but lowered price targets for both stocks. Dow Jones Newswires reported the changes, citing data from Benzinga.

For Hexcel (HXL), the target was cut to $100 from $105. The update was published at 14:25 GMT. For Graco (GGG), the target was lowered to $82 from $95, with the report appearing at 14:23 GMT. The rating on both companies stayed unchanged.

why it matters

Rating and target revisions like these are routine and come from a single bank, so they have little effect on the broader market. Still, a lower target combined with a positive rating signals a more cautious view of two industrial companies' outlook, and it is worth weighing alongside their own financial reports and management comments.

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