Argus
http://www.argusresearch.com/Argus is an independent equity research firm with approximately 500 leading US companies across more than 60 industries in its coverage universe. The firm employs a simple Buy, Hold, and Sell rating system to reflect its outlook on companies.
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Argus Downgrades PNM Resources (PNM) to Hold
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Argus Initiates Coverage on PNM Resources (PNM) with a Buy