Evercore ISI Reaffirms Their Buy Rating on Hawaiian Electric (HE)
In a report released today, Michael Lonegan from Evercore ISI reiterated a Buy rating on Hawaiian Electric (HE – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $10.76.
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Lonegan covers the Utilities sector, focusing on stocks such as Hawaiian Electric, TXNM Energy, and Edison International. According to TipRanks, Lonegan has an average return of -1.9% and a 56.10% success rate on recommended stocks.
Currently, the analyst consensus on Hawaiian Electric is a Hold with an average price target of $12.19.
HE market cap is currently $1.88B and has a P/E ratio of -0.88.
Read More on HE:
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- Hawaiian Electric price target raised to $11.25 from $11 at Jefferies
- Hawaiian Electric Shareholders Approve Key Proposals at Meeting
- Hawaiian Electric Industries Earnings Call: Progress Amid Challenges
- Hawaiian Electric’s Hold Rating Amid Regulatory Uncertainty and Financial Ambiguity
- Hawaiian Electric Industries Reports Q1 2025 Earnings
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