BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Inozyme Pharma, Inc. (Nasdaq – INZY), TXNM Energy, Inc. (NYSE - TXNM), Servotronics, Inc. (NYSE American - SVT), Protagenic Therapeutics, Inc. (Nasdaq – PTIX)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2025
0mins
Source: Globenewswire
Investigation Announcements: Brodsky & Smith is reminding investors of ongoing investigations into several companies, including TXNM Energy, Inozyme Pharma, Servotronics, and Protagenic Therapeutics, regarding potential breaches of fiduciary duties by their boards during acquisition processes.
Acquisition Details: Each company mentioned is set to be acquired at specific cash prices per share, raising concerns about whether these transactions provide fair value to shareholders.
Analyst Views on TXNM
Wall Street analysts forecast TXNM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TXNM is 61.25 USD with a low forecast of 61.25 USD and a high forecast of 61.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 59.030
Low
61.25
Averages
61.25
High
61.25
Current: 59.030
Low
61.25
Averages
61.25
High
61.25
About TXNM
TXNM Energy, Inc. is an energy holding company. The Company delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Texas-New Mexico Power Company (TNMP) and Public Service Company of New Mexico (PNM). Its segments include PNM, TNMP, and Corporate and other. The PNM segment provides integrated electricity services that include the generation, transmission, and distribution of electricity for retail electric customers in New Mexico. The segment also includes the generation and sale of electricity into the wholesale market. The TNMP segment provides transmission and distribution services at regulated rates to various REPs that, in turn, provide retail electric service to consumers within TNMP’s service area. The segment also provides transmission services at regulated rates to other utilities that interconnect with TNMP’s facilities. The Corporate and Other segment includes TXNM holding company activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
