PNM Resources (PNM) Raises Quarterly Dividend 10.2% to $0.2425; 2.9% Yield

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Go back to PNM Resources (PNM) Raises Quarterly Dividend 10.2% to $0.2425; 2.9% Yield

Jefferies Reiterates Buy on PNM Resources (PNM) Following Analyst Day

December 15, 2016 9:49 AM EST

Jefferies reiterated a Buy rating on PNM Resources (NYSE: PNM), and raised the price target to $36.50 (from $36.00), following the company's analyst day.

Analyst Anthony Crowdel commented, "PNM hosted its analyst day and provided 2017 guidance that was in-line with Street estimates. The... More