American Electric Power (AEP) Tops Q4 EPS by 12c

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American Electric Power (AEP) PT Raised to $65 at Jefferies Following 4Q EPS Beat

January 27, 2017 9:45 AM EST

Jefferies raised its price target on American Electric Power (NYSE: AEP) to $65.00 (from $62.00) while maintaining a Hold rating. AEP reported 4Q16 EPS of $0.67 vs. consensus of $0.55, and last year's earnings of $0.48.

Analyst Anthony Crowdell commented, "AEP reported 4Q16 EPS of $0.67 vs. our estimate of... More