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PNM

PNM Resources

$31.45

-0.15 (-0.47%)

06:31
10/06/16
10/06
06:31
10/06/16
06:31

PNM Resources affirms FY16 EPS view of $1.55-$1.65

PNM PNM Resources
$31.45

-0.15 (-0.47%)

12/24/15
ARGS
12/24/15
NO CHANGE
ARGS
PNM Resources price target raised to $35 from $31 at Argus
Argus raised its price target on PNM citing what it sees as the company's improved earnings visibility and strong cost controls, as well as increased infrastructure spending by the company and the 12% increase in its Q3 EPS. The firm expects the company's kilowatt-hour sales to rise 1%-1.1% in 2016. It notes that the company raised its dividend 10%, and it keeps a Buy rating on the shares.
03/24/16
JEFF
03/24/16
DOWNGRADE
Target $34
JEFF
Hold
PNM Resources downgraded to Hold from Buy at Jefferies
Jefferies analyst Anthony Crowdell downgraded PNM Resources to Hold citing regulatory concerns in New Mexico. The analyst believes the shares should trade at a discount and he lowered his price target for the name to $34 from $36.
09/20/16
JEFF
09/20/16
UPGRADE
Target $37.5
JEFF
Buy
PNM Resources upgraded to Buy from Hold at Jefferies
Jefferies analyst Anthony Crowdell upgraded PNM Resources to Buy saying he believes a final rate case decision from state regulators later this month "will be more balanced" than what is priced into the stock. The analyst raised his price target for the shares to $37.50 from $35.
10/04/16
WILL
10/04/16
UPGRADE
Target $35
WILL
Buy
PNM Resources upgraded to Buy from Hold at Williams Capital
Williams Capital analyst Christopher Ellinghaus upgraded PNM Resources to Buy with a $35 price target due to valuation and a likely significant dividend increase in December.

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ORC

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HBHC

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TSLA

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LMT

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BA

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WBA

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SIX

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LMT

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ANY

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