Wells Fargo Downgrades PNM Resources (PNM) to Underweight

January 6, 2021 1:41 AM EST
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Price: $48.50 +0.19%

Rating Summary:
    7 Buy, 12 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 5 | New: 41
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Wells Fargo analyst Jonathan Reeder downgraded PNM Resources (NYSE: PNM) from Equal Weight to Underweight with a price target of $50.00.

For an analyst ratings summary and ratings history on PNM Resources click here. For more ratings news on PNM Resources click here.

Shares of PNM Resources closed at $48.20 yesterday.

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