Market Exclusive

PNM Resources Inc (NYSE:PNM) gets upgraded to Neutral by UBS Group with a price target of $49.15

Analyst Ratings For PNM Resources Inc (NYSE:PNM)

Today, PNM Resources Inc (NYSE:PNM) stock received an upgrade by UBS Group from Sell to Neutral with a price target of $49.15.

There are 3 Hold Ratings, 2 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on PNM Resources Inc (NYSE:PNM) is Hold with a consensus target price of $47.73 per share, a potential 4.31% downside.

Some recent analyst ratings include

About PNM Resources Inc (NYSE:PNM)
PNM Resources, Inc, through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. Read More…

Recent Trading Activity for PNM Resources Inc (NYSE:PNM)
Shares of PNM Resources Inc closed the previous trading session at 49.84 up +0.69 1.41% with 50.14 shares trading hands.

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