Barclays initiated coverage on Hawaiian Electric with a new price target
$HE
Electric Utilities: Central
Utilities
Barclays initiated coverage of Hawaiian Electric with a rating of Equal Weight and set a new price target of $10.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/7/2025 | $12.00 → $14.00 | In-line → Outperform | Evercore ISI |
| 2/7/2025 | $10.00 | Equal Weight | Barclays |
| 12/3/2024 | $11.50 | Hold | Jefferies |
| 8/23/2024 | $14.00 | Underweight → Equal Weight | Wells Fargo |
| 11/10/2023 | $8.00 → $8.50 | Equal Weight → Underweight | Wells Fargo |
| 8/18/2023 | $25.00 → $8.00 | Underweight → Equal Weight | Wells Fargo |
| 8/18/2022 | $43.00 | Neutral → Underperform | BofA Securities |
| 1/20/2022 | $41.00 | Sell → Neutral | Guggenheim |
8-K - HAWAIIAN ELECTRIC INDUSTRIES INC (0000354707) (Filer)
10-Q - HAWAIIAN ELECTRIC INDUSTRIES INC (0000354707) (Filer)
8-K - HAWAIIAN ELECTRIC INDUSTRIES INC (0000354707) (Filer)
Evercore ISI upgraded Hawaiian Electric from In-line to Outperform and set a new price target of $14.00 from $12.00 previously
Barclays initiated coverage of Hawaiian Electric with a rating of Equal Weight and set a new price target of $10.00
Jefferies initiated coverage of Hawaiian Electric with a rating of Hold and set a new price target of $11.50
Critical Legislation Passed by Hawaii State Legislature HB 1001, Appropriating Funds for the State's Contribution to the Maui Wildfire Tort Litigation Settlement SB 897, Directing the Public Utilities Commission to Establish an Aggregate Liability Cap for Economic Damages from Future Wildfires SB 1501, Protecting Reliable, Affordable Clean Energy Procurement, Supporting Advancement Toward Hawaii's Decarbonization and RPS Goals Holding Company Completed Debt Reduction in April With Proceeds from American Savings Bank Sale Pacific Current Completed Sale of Largest Asset, Hamakua Energy; Quarter's Results Reflect $13 Million Pre-tax Loss on Sale of Hamakua Hawaiian Electric Indu
Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) will announce its first quarter 2025 financial results on Friday, May 9 and conduct a webcast and conference call to discuss the results at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time). To listen to the conference call, dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) and enter passcode 2393042. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under "Investor Relations," sub-heading "News and Events – Events and Presentations." A replay will be available online and via phone. The online replay will be available on HEI's
Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), the parent company of Pacific Current, LLC (Pacific Current), today announced the closing of the sale of Pacific Current's 60-megawatt Hamakua Energy Plant on Hawaiʻi Island to a subsidiary of Harbert Management Corporation (Harbert). The transaction is not expected to be material to HEI's financial statements. Sale of the plant is a key step in HEI's previously announced review of strategic options for Pacific Current. The strategic review process for other Pacific Current assets is ongoing. Harbert is a longstanding owner and operator of power generating facilities, including in Hawaiʻi, where it has had an ownership stake in the 208