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Stock Market & Financial Investment News

News Breaks
December 4, 2012
05:39 EDTPNMPNM Resources downgraded to Hold from Buy at Jefferies
Jefferies downgraded PNM Resources as it sees less chance for the company to rate base its Palo Verde Unit 3 as part of a San Juan settlement agreement. The firm lowered its price target for shares to $21.50 from $25.
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