WASHINGTON (dpa-AFX) - Shares of Hexcel Corporation (HXL) slipped over 12%
on Wednesday morning after analysts at Bank of America Co. downgraded the stock.

HXL is currently trading at $62.35, down $8.81 or 12.38%, on the NYSE. The stock
opened its trading at $63.10 after closing Tuesday at $71.15. The stock has
traded between $58.81 and $79.08 in the past 52-week period.

Analysts at Bank of America Co. downgraded the stock from 'neutral' to
'underperform'. They now have a $65.00 price target on the stock, down
previously from $75.00.

Separately, on Tuesday, Hexcel said it has appointed Thomas Gentile III as Chief
Executive Officer and President, effective May 1. He also is expected to be
appointed to the Board of Directors following the annual shareholder meeting on
May 2.

He will succeed Chairman, CEO & President Nick Stanage who worked closely with
the Board on his desire to retire at the end of the year.



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