Jefferies Initiates Coverage On TXNM Energy with Buy Rating, Announces Price Target of $50
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on TXNM Energy with a Buy rating and set a price target of $50.
October 02, 2024 | 12:45 pm
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POSITIVE IMPACT
Jefferies has initiated coverage on TXNM Energy with a Buy rating and a price target of $50, indicating a positive outlook for the stock.
The initiation of coverage by Jefferies with a Buy rating and a $50 price target suggests a positive sentiment towards TXNM Energy. This is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100