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Fly News Breaks for May 5, 2015
PNM
May 5, 2015 | 07:23 EDT
RBC Capital expects the settlement of PNM's Best Available Retrofit Technology case and the resolution of its general rate case filing to be constructive. As a result, the firm expects the company's rate base growth to be strong through the end of the decade. RBC keeps a $34 price target and Outperform rating on the shares.
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