Wells Fargo Maintains Overweight on PNM Resources, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jonathan Reeder maintains an Overweight rating on PNM Resources (NYSE:PNM) and raises the price target from $41 to $46.
August 01, 2024 | 1:38 pm
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POSITIVE IMPACT
Wells Fargo analyst Jonathan Reeder maintains an Overweight rating on PNM Resources and raises the price target from $41 to $46.
The raised price target and maintained Overweight rating from a reputable analyst at Wells Fargo is likely to positively impact PNM Resources' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100