HA Sustainable Infrastructure slips after UBS downgrades stock

HA Sustainable Infrastructure Capital

04/09/2026 17:03

** Infrastructure investor HA Sustainable Infrastructure's HASI.N shares fall 4% to $38.19
** UBS downgrades HASI to "neutral" from "buy"; cuts PT to $44 from $51, which is still a 10.4% upside to last close
** Brokerage cites valuation concerns, driven by HASI's strong YTD stock outperformance, limited near-term earnings catalysts and rising interest rates 
** "After outperforming the median clean energy stock by 45% 2026 YTD, we find more attractive opportunities in other names under our coverage" - UBS analyst Jon Windham 
** 13 of 16 brokerages rate the stock "buy" or higher and 3 "hold"; median PT $49 - data compiled by LSEG
** As of last close, HASI stock up 26.8% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))