UPDATE: Topeka Capital Markets Initiates Hexcel Corporation at Buy on Growth Prospects
January 29, 2013 at 08:32 AM EST
Topeka Capital Markets initiated Hexcel Corporation (NYSE: HXL ) with a Buy rating and a $38.00 price target. Topeka Capital Markets said, "An investment in HXL represents a play on two fundamental trends: 1) sustainable strength in the favorable global commercial aircraft demand cycle, and; 2) the continued secular penetration