PNM Resources (PNM) Tops Q4 EPS by 3c

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PNM Resources (PNM) PT Raised to $36.50 at Jefferies Following 4Q EPS Beat

March 1, 2017 7:46 AM EST

Jefferies raised its price target on PNM Resources (NYSE: PNM) to $36.50 (from $34.50) while maintaining a Hold rating. PNM Resources 4Q operating earnings were $0.34 per share, versus $0.23 last year, and Consensus of $0.31.

Analyst Anthony Crowdel commented, "PNM Resources 4Q16 operating earnings were $0.34 per share,... More