Wells Fargo Maintains Underweight on Hawaiian Electric Indus, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jonathan Reeder maintains an Underweight rating on Hawaiian Electric Industries (NYSE:HE) and raises the price target from $9 to $14.

August 12, 2024 | 5:50 pm
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Wells Fargo analyst Jonathan Reeder maintains an Underweight rating on Hawaiian Electric Industries (NYSE:HE) and raises the price target from $9 to $14.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive reassessment. The mixed signals are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100