NEW YORK (
TheStreet) -TheStreet Ratings' stock model upgraded
(HXL - Get Report) to 'Buy' from 'Hold'. Net income at this $1.9 billion market cap, aerospace composites company grew by 302% to a profit of $22.9 million compared to in the prior fourth quarter.
TheStreet Ratings released rating changes on 12 U.S. common stocks for April 20, 2011. In total, six stocks were upgraded and six stocks were downgraded by our stock model.
In the fourth quarter, Hexcel reported $311 million in revenue, an increase of 16.7% compared to the year earlier quarter. Learn more about Hexcel: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$3.1 billion market cap, methanol company, Methanex Corp (MEOH - Get Report) was upgraded by our stock model to 'Buy' from 'Hold'. In fourth quarter results, Methanex reported a net income of $27.9 million, up 8.4% from the year earlier quarter. Over the same time period, revenue gained 49.4% to $570 million. Learn more about Methanex: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.-- Reported by Kevin Baker in Jupiter, FL.
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