Wells Fargo Maintains Underweight on Hawaiian Electric Indus, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an 'Underweight' rating on Hawaiian Electric Industries (NYSE:HE) and lowered the price target from $35 to $25.
August 14, 2023 | 11:47 am
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NEGATIVE IMPACT
Wells Fargo has maintained an 'Underweight' rating on Hawaiian Electric Industries and lowered the price target from $35 to $25.
The 'Underweight' rating and lowered price target by Wells Fargo indicates a negative outlook for Hawaiian Electric Industries. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100