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Fly News Breaks for November 15, 2018
HE
Nov 15, 2018 | 09:16 EDT
BofA/Merrill analyst Julien Dumoulin-Smith downgraded Hawaiian Electric to Underperform from neutral and trimmed its price target to $34 from $35 citing strong relative share performance on investor activism. The analyst does not expect any strategic shifts or positive investment revisions and views only an in-line multiple as warranted.
News For HE From the Last 2 Days
HE
Apr 25, 2024 | 11:08 EDT
Hawaiian Electric Industries is exploring options, including a sale of American Savings Bank FSB, people familiar with the matter told Bloomberg's Matthew Monks and Gillian Tan. Hawaiian Electric is working with advisers to weigh various options for the bank, including a full or partial sale, though no final decision has been made and Hawaiian could opt to hold onto the lender, the report said.