B of A Securities Reiterates Underperform on Hawaiian Electric Indus, Maintains $8.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Julien Dumoulin-Smith has reiterated an 'Underperform' rating on Hawaiian Electric Indus (NYSE:HE) and maintained a price target of $8.5.
August 25, 2023 | 2:10 pm
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Hawaiian Electric Indus (NYSE:HE) has been reiterated as 'Underperform' by B of A Securities with a maintained price target of $8.5.
The 'Underperform' rating suggests that the analyst believes the stock will do worse than the market average. This could potentially lead to a decrease in the stock's price. The maintained price target of $8.5 also indicates that the analyst does not foresee significant growth in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100