Wells Fargo Upgrades Hawaiian Electric Indus to Equal-Weight, Maintains Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded Hawaiian Electric Industries (NYSE:HE) from Underweight to Equal-Weight, maintaining the price target at $14.

August 23, 2024 | 12:17 pm
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Wells Fargo has upgraded Hawaiian Electric Industries from Underweight to Equal-Weight, maintaining the price target at $14.
The upgrade from Underweight to Equal-Weight by Wells Fargo suggests a more positive outlook on Hawaiian Electric Industries, which could lead to increased investor confidence and potentially a positive short-term impact on the stock price. The maintained price target indicates that the analyst's valuation of the company remains stable.
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IMPORTANCE 80
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