Artisan Partners Asset Management (APAM) Misses Q3 EPS by 2c
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3Q Operating Results Contribute to 2c Miss on Artisan Partners Asset Management (APAM); Jefferies Reiterates Buy
October 27, 2015 8:28 AM EDTJefferies maintained a Buy rating on Artisan Partners Asset Management (NYSE: APAM), and cut the price target to $43.00 (from $45.00), following the company's 3Q15 earnings results. Non-GAAP EPS of $0.67 missed consensus by $0.02. Operating results contributed $0.01 of the miss, and a higher realized tax rate was the other... More
