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Aegean Marine (ANW) Misses Q1 EPS by 1c

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Jefferies Cuts Price Target on Aegean Marine (ANW) Following 1 Miss

May 26, 2016 10:29 AM EDT

Jefferies maintained a Buy rating on Aegean Marine Petroleum Network (NYSE: ANW), and cut the price target to $14.00 (from $15.00), following the company's 1Q earnings report. Aegean reported EPS of $0.24, missing the Street's consensus estimate of $0.25.

Analyst Douglas J. Mavrinac commented, "Yesterday after the... More