Barclays analyst Nicholas Campanella raised the firm’s price target on PNM Resources to $43 from $40 and keeps an Overweight rating on the shares as part of Q1 earnings preview for the power and utilities group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNM:
- PNM Resources Announces Senior VP & Counsel Retirement
- PNM Resources Management to Meet with Investors
- Public Service Company of New Mexico Declares Preferred Dividend
- PNM Resources Revamps Executive Compensation and Incentive Plans
- PNM Resources backs FY24 ongoing EPS view $2.65-$2.75, consensus $2.68