Evercore ISI Group Reinstates In-Line on PNM Resources, Announces $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Gordon has reinstated an In-Line rating on PNM Resources (NYSE:PNM) and announced a $38 price target.
May 30, 2024 | 3:06 pm
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Evercore ISI Group analyst Greg Gordon has reinstated an In-Line rating on PNM Resources and set a price target of $38.
The reinstatement of an In-Line rating and the announcement of a $38 price target by Evercore ISI Group is a neutral signal for PNM Resources. The price target provides a benchmark for investors, but the In-Line rating suggests no significant change in the stock's performance is expected in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100