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PNM Resources (PNM) Declares $0.2425 Quarterly Dividend; 2.3% Yield

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Williams Capital Downgrades PNM Resources (PNM) to Sell

September 18, 2017 7:32 AM EDT

Williams Capital downgraded PNM Resources (NYSE: PNM) from Hold to Sell.

Analyst Chris Ellinghaus belives the valuation is "excessive."

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 $42.50 Friday.

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