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Jefferies upgraded
PNM Resources IncPNM from Hold to Buy.
The price target for PNM Resources has been raised from $29.00 to $30.50.
PNM Resources shares have dropped 5.83 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period.
PNM Resources' shares closed at $26.49 yesterday.
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