Showing posts with label PNM Resources. Show all posts
Showing posts with label PNM Resources. Show all posts

Tuesday, August 16, 2011

Tyson (TSN) (GM) (TPCG) (IBM) (PNM) (SEE) (SUN) (SYK) Upgraded

Tyson Foods, Inc. (NYSE: TSN), General Motors (NYSE: GM), TPC Group, Inc. (NASDAQ: TPCG), IBM (NYSE: IBM), PNM Resources, Inc. (NYSE: PNM), Sealed Air Corp. (NYSE: SEE), Sunoco Incorporated (NYSE: SUN) and Stryker (NYSE: SYK) upgraded by analysts.

Tyson Foods, Inc. (TSN) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.

General Motors (GM) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $42.00 on the company.

TPC Group, Inc. (TPCG) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

IBM (IBM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating. They have a price target of $195.00 on the company.

PNM Resources, Inc. (PNM) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $16.00 on the company, up from $15.00.

Sealed Air Corp. (SEE) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating. They cited valuation as the catalyst behind the call.

Sunoco Incorporated (SUN) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

Stryker (SYK) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $56.00 on the company.

Wednesday, July 13, 2011

Price Targets on JA Solar (JASO) (OAS) (PNM) (FFIV) (NWSA) Adjusted by Analysts

JA Solar (NASDAQ: JASO), Oasis Petroleum Inc. (NYSE: OAS), PNM Resources, Inc. (NYSE: PNM), F5 Networks (NASDAQ: FFIV) and News Corp. (NASDAQ: NWSA) price targets changed by analysts.

Wunderlich boosted their price target on F5 Networks (FFIV) from $115.00 to $120.00. They have a "Hold" rating on the company.

Collins Stewart slashed their price target on JA Solar (JASO) to $4.50.

Wedbush cut their price target on News Corp. (NWSA) from $21 to $20.00. They have an "Outperform" rating on the company.

Wunderlich raised their price target on Oasis Petroleum Inc. (OAS) from $39.00 to $44.00. They have a "Buy" rating on the company.

Jefferies (NYSE:JEF) increased their price target on PNM Resources, Inc. (PNM) to $17.00.

News Corp. closed Tuesday at $15.35, falling $0.13, or 0.84 percent. JA Solar closed at $4.56, down $0.12, or 2.56 percent. PNM Resources closed at $16.84, gaining $0.03, or 0.18 percent. Oasis closed at $28.73, up $0.18, or 0.63 percent. F5 Networks ended the day at $110.40, losig $2.38, or 2.11 percent.

Wednesday, May 18, 2011

Price Targets on (PEGA) (HTHT) (PETD) (M) (PNM) Updated

Price targets on shares of Pegasystems Inc. (NASDAQ: PEGA), China Lodging Group (NASDAQ: HTHT), Petroleum Development Co. (NASDAQ: PETD), Macy’s (NYSE: M) and PNM Resources, Inc. (NYSE: PNM) updated by analysts.

Dougherty & Co. raised their price target on Pegasystems Inc. (PEGA) from $34.00 to $42.00. They have a “neutral” rating on the company.

BMC Equities Research analysts raised their price target on shares of China Lodging Group (HTHT) from $22.00 to $26.00. They have a “buy” rating on the company.

Bank of America (NYSE:BAC) cut their price target on Petroleum Development Co. (PETD) from $48.00 to $41.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Macy’s (M) from $32.00 to $44.00. They have a “buy” rating on the company.

Ladenburg Thalmann raised their price target on PNM Resources, Inc. (PNM) from $15.00 to $16.50. They have a “neutral” rating on the company.

Price Targets on (PEGA) (HTHT) (PETD) (M) (PNM) Updated

Price targets on shares of Pegasystems Inc. (NASDAQ: PEGA), China Lodging Group (NASDAQ: HTHT), Petroleum Development Co. (NASDAQ: PETD), Macy’s (NYSE: M) and PNM Resources, Inc. (NYSE: PNM) updated by analysts.

Dougherty & Co. raised their price target on Pegasystems Inc. (PEGA) from $34.00 to $42.00. They have a “neutral” rating on the company.

BMC Equities Research analysts raised their price target on shares of China Lodging Group (HTHT) from $22.00 to $26.00. They have a “buy” rating on the company.

Bank of America (NYSE:BAC) cut their price target on Petroleum Development Co. (PETD) from $48.00 to $41.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Macy’s (M) from $32.00 to $44.00. They have a “buy” rating on the company.

Ladenburg Thalmann raised their price target on PNM Resources, Inc. (PNM) from $15.00 to $16.50. They have a “neutral” rating on the company.

Friday, December 31, 2010

PNM Resources' (NYSE:PNM) Shares Expensive Says Jefferies (NYSE:JEF)

Based on the electric rate filing of PNM Resources (NYSE:PNM) in New Mexico, Jefferies (NYSE:JEF) says the share price of the company is expensive at this time.

Jefferies explained saying the earning exposure connected to the filing is behind their reasoning.

Concerning the negotiations with the NMPRC staff and the Attorney General, PNM believes they may be able to reach a settlement by January 20, 2011, as they've gone back to the table.

EPS estimates for the full year 2010 were raised from $0.90 to $0.95.

Jefferies maintains an "Overweight" rating on PNM Resources, which closed Thursday at $13.21, the same as the prior close.