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PNM

PNM Resources

$34.65

0.3 (0.87%)

06:31
01/12/17
01/12
06:31
01/12/17
06:31

PNM Resources backs FY16 EPS view of $1.60-$1.65, consensus $1.61

PNM PNM Resources
$34.65

0.3 (0.87%)

12/02/16
LEHM
12/02/16
DOWNGRADE
LEHM
Equal Weight
PNM Resources downgraded to Equal Weight from Overweight at Barclays
12/02/16
12/02/16
DOWNGRADE
Target $33

Equal Weight
PNM Resources downgraded to Equal Weight on potential tax reform at Barclays
As previously reported, Barclays downgraded PNM Resources to Equal Weight from Overweight and lowered its price target to $33 from $35. Analyst Daniel Ford said the election results present some uncertainty for Regulated Utility performance due to potential tax reform as tax benefits may get passed back to customers and environmental policy uncertainty could reduce long-term capex requirements from CO2 rules.
12/02/16
12/02/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. lululemon (LUL) downgraded to Sell from Hold at Canaccord with analyst Camilo Lyon citing a shift from athleisure wear to denim, which will lead to moderating comps and EBIT margin compression. 2. Verifone (PAY) downgraded to Hold from Buy at Stifel with analyst Christopher Brendler citing the Visa (V) and MasterCard's (MA) announcement that they were delaying the gas pump EMV deadline by three years. 3. Sonic (SONC) downgraded to Neutral from Buy at Longbow with analyst Alton Stump saying that while he remains positive on Sonic's long-term fundamentals, he is concerned about a continued slowdown in Sonic's same-store sales growth and awaits a material recovery in SSS. 4. Workday (WDAY) downgraded to Sell on premium valuation at Societe Generale with firm's analyst believing shares are expensive and fears a sharp slowdown in Subscription growth will pressure the stock. 5. PNM Resources (PNM) downgraded to Equal Weight from Overweight at Barclays with analyst Daniel Ford saying the election results present some uncertainty for Regulated Utility performance due to potential tax reform as tax benefits may get passed back to customers and environmental policy uncertainty could reduce long-term capex requirements from CO2 rules. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
01/05/17
JEFF
01/05/17
DOWNGRADE
Target $34.5
JEFF
Hold
PNM Resources downgraded to Hold from Buy at Jefferies
Jefferies analyst Anthony Crowdell downgraded PNM Resources to Hold saying the shares at current levels are pricing in a "near-perfect" outcome in the utility's recently filed New Mexico electric rate case. He sees limited upside from current levels and lowered his price target for the shares to $34.50 from $36.50.

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SFIX

Stitch Fix

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WEB

Web.com

$23.00

1.2 (5.50%)

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SNPS

Synopsys

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SSNC

SS&C

$41.38

0.75 (1.85%)

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NOW

ServiceNow

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  • 12

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RNG

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QTWO

Q2 Holdings

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QLYS

Qualys

$59.00

0.55 (0.94%)

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PTC

PTC

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NEWR

New Relic

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TYPE

Monotype Imaging

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MODN

Model N

$16.00

0.05 (0.31%)

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MIME

Mimecast

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IMPV

Imperva

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GDDY

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FTNT

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CSGP

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CHKP

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CUDA

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ADBE

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SAIL

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