By: Benzinga
December 06, 2012 at 10:52 AM EST
UPDATE: Gabelli & Company Initiates Hawaiian Electric Industries at Hold
Gabelli & Company initiated coverage on Hawaiian Electric Industries (NYSE: HE ) with a Hold rating. Gabelli & Company noted, "We regard HE as an improving utility story complimented by a high quality bank. Driven by more constructive rate treatment of growing infrastructure investment, we expect above-average utility
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