Wells Fargo Maintains Underweight Rating for First Hawaiian: Here's What You Need To Know

Wells Fargo has decided to maintain its Underweight rating of First Hawaiian FHB and raise its price target from $18.00 to $20.00.

Shares of First Hawaiian are trading up 0.0% over the last 24 hours, at $22.29 per share.

A move to $20.00 would account for a 10.27% decrease from the current share price.

About First Hawaiian

First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing and other consumer loans. Its segments are Retail Banking, Commercial Banking and Treasury and Other of which key revenue is derived from Retail Banking.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.