Scotiabank Initiates Coverage On TXNM Energy with Sector Perform Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has initiated coverage on TXNM Energy with a Sector Perform rating and set a price target of $46.
October 10, 2024 | 2:01 pm
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NEUTRAL IMPACT
Scotiabank has initiated coverage on TXNM Energy with a Sector Perform rating and set a price target of $46, indicating a neutral outlook.
The Sector Perform rating suggests that TXNM Energy is expected to perform in line with the sector. The price target of $46 provides a specific valuation benchmark, but the neutral rating implies no strong upward or downward movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100