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Hawaiian Electric Industries (HE) probability-weighted downside much greater than upside - Wells Fargo

November 10, 2023 1:36 PM EST

Wells Fargo downgraded shares of Hawaiian Electric Industries (NYSE: HE) to Underweight from Equal Weight in a note Friday, with analyst Jonathan Reeder lowering the price target to $8 per share from $8.50.

Reeder said in a note to clients that there are... More