American Electric Power (AEP) Misses Q4 EPS by 2c

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American Electric Power (AEP) PT Bumped to $66.50 at Jefferies

January 29, 2016 7:17 AM EST

Jefferies reiterated a Buy rating and bumped its price target on American Electric Power (NYSE: AEP) to $66.00 (from $66.50) after the company reported Q4 results.

Analyst Anthony Crowdell commented, "AEP reported 4Q15 EPS of $0.48, versus Street expectations of $0.50, our estimate of $0.50, and last year's... More