B of A Securities Maintains Underperform on Hawaiian Electric Indus, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith has maintained an 'Underperform' rating on Hawaiian Electric Industries (NYSE:HE) and lowered the price target from $11 to $10.
August 17, 2023 | 11:27 am
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NEGATIVE IMPACT
Hawaiian Electric Industries' price target has been lowered from $11 to $10 by B of A Securities, maintaining an 'Underperform' rating.
The lowering of the price target by B of A Securities indicates a bearish outlook for Hawaiian Electric Industries. This, coupled with the 'Underperform' rating, suggests that the stock may underperform the market in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100