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Fly News Breaks for September 20, 2016
PNM
Sep 20, 2016 | 05:49 EDT
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.
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