American Public Education (APEI) Tops Q2 EPS by 1c; Guides Q3 Revs Below the Street

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Go back to American Public Education (APEI) Tops Q2 EPS by 1c; Guides Q3 Revs Below the Street

Piper Jaffray Cuts Price Target on American Public Education (APEI) to $24; Reiterates Neutral

August 10, 2016 9:02 AM EDT

Piper Jaffray maintained a Neutral rating on American Public Education (NASDAQ: APEI), and cut the price target to $24.00 (from $25.00), following the company's 2Q earnings report. APEI reported EPS of $0.41 compared to estimates of $0.40.

Analyst Peter P. Appert commented, "Continued weak enrollment trends are... More