The Motley Fool·2026-01-21 00:53Core Viewpoint - Hawaiian Electric's stock has been downgraded by an analyst, reflecting concerns about its pricing and business uncertainty [2][3]. Company Summary - Hawaiian Electric's shares fell by 2.5% following a downgrade to "underperform" from a previous "buy" recommendation by Jefferies' analyst Julian Dumoulin-Smith [1][2]. - The new price target for Hawaiian Electric's stock is set at $12.50 per share, reduced by $1 from the previous target [3]. - The current market capitalization of Hawaiian Electric is $2.5 billion, with a current stock price of $14.09 [4][5]. Industry Context - The uncertainty surrounding Hawaiian Electric's pricing and legislative decisions may affect its competitiveness compared to other electric utility companies [3][5]. - Rising concerns about affordability in the utility sector suggest that Hawaiian Electric is not alone in facing pressure regarding its pricing strategies [5].